Introducing the βIn Favour Ofβ filter in Case Laws.
- βοΈ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- π Narrow down results with higher precision
Try it now in Case Laws β


Just a moment...
Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Income Tax Act Section 154 Amended: Authorities Must Decide Amendment Applications Within Six Months of Receipt.</h1> Section 154 of the Income-tax Act has been amended by the Finance Act, 2001, to include a new sub-section (8), effective from June 1, 2001. This provision mandates that when an assessee submits an application for amendment under this section to the relevant income-tax authority, the authority must decide on the application within six months from the end of the month in which it was received. The decision can either result in making the amendment or refusing the claim.