TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Income Tax Bill 2025: Clause 378 Empowers Authority to Revise Orders, Excluding Section 377, Within One Year.</h1> Clause 378 of the Income Tax Bill, 2025, allows the Competent Authority to revise orders made by subordinate authorities, excluding those under section 377. The Competent Authority can initiate revision or respond to an assessee's application within one year of the order's communication. Applications must include a fee and can be admitted late if justified. Revisions are prohibited if appeals are possible or ongoing. Orders must be revised within a year, excluding specific periods, with extensions if needed. Revisions can occur anytime to implement higher court findings. The Competent Authority includes various tax commissioners.
TaxTMI 
TaxTMI 
