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<h1>Tax Code Shift: Section 280E Revamps Income Assessment with Flexible Calculation Methods for Provisional and Amended Tax Evaluations</h1> The amendment modifies section 280E of the Income-tax Act, introducing changes to tax assessment procedures. It allows for substitution of total income calculations based on latest previous year tax payments or provisional assessments, particularly when total income exceeds previous calculations or when the Income-tax Officer issues an amended order. The modification provides detailed guidelines for determining tax liability and income assessment in specific scenarios.