Assessment procedure for exempt institutions now requires referral and approval withdrawal before ignoring exempt status in assessments.

Amendment to section 143 conditions the Assessing Officer's power to make assessments that would disregard section 10 or section 11 status on procedural steps: for certain research associations, news agencies and listed associations or institutions the AO must intimate the Central Government or prescribed authority and ensure withdrawal or rescission of approval or notification before making such an assessment; for entities under clause (23C) of section 10 or trusts/institutions under section 11, where a specified violation is found the AO must refer the matter to the Principal Commissioner or Commissioner and must not assess without giving effect to that senior officer's order.

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