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<h1>Amendment to Section 153 of Income-tax Act: New Time Limits for Assessments and Declarations Introduced.</h1> The amendment to section 153 of the Income-tax Act, effective from October 1, 1984, involves changes to the time limits for assessments. Sub-section (1) clause (c) is modified to include a reference to section 139, and a new clause (d) is added, setting a six-month limit from an application made under section 143(2)(a). Additionally, Explanation 1 below sub-section (3) introduces clause (iva), specifying a period not exceeding sixty days for actions related to declarations under section 158A, starting from receipt by the Income-tax Officer until the order is made.