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<h1>Finance Act 2002 amends Income-tax Act, adds clause (iia) to section 153(3) on tax exemption violation timelines.</h1> In the Finance Act, 2002, section 153 of the Income-tax Act is amended by adding a new clause in sub-section (3), effective from April 1, 2003. This clause, labeled (iia), specifies the period starting from when the Assessing Officer informs the Central Government or the designated authority about violations of certain provisions in section 10, and ending when the order withdrawing approval or rescinding the notification is received by the Assessing Officer. This amendment addresses the timeline for actions related to contraventions of specific tax exemptions.