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of <h1>Finance Bill 2025 amends Section 153 of the Income-tax Act, clarifying time periods during court-ordered stay on assessments.</h1> Section 153 of the Income-tax Act is amended in the Finance Bill, 2025, specifically in Explanation 1, clause (ii). The amendment replaces the existing clause with a new provision that defines the period of time affected when a stay on assessment proceedings is granted by a court order or injunction. This period starts from the date the stay is granted and ends when the certified copy of the order vacating the stay is received by the jurisdictional Principal Commissioner or Commissioner.
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