Commencement of reassessment proceedings: amendment deems proceedings under sections 254, 263 and 264 to commence on order date.

The amendment omits the proviso in clause (b) of section 245A and revises the Explanation by substituting a reference to section 147, replacing clause (iii) with a deeming provision that fresh assessment proceedings pursuant to orders under sections 254, 263 or 264 commence from the date the order setting aside or cancelling an assessment was passed, and updating cross references in clause (iv) to align with the new clause structure.

---

---

---