Assessment year reference revised to permit any assessment year preceding the relevant assessment year, replacing prior limited phrasing. Corrigendum to Circular No. 23 of 2022 amends the explanatory notes to the Finance Act, 2022 by providing that, in sub point (iii) of point (I) of sub paragraph (A) of paragraph 28.5, the phrase 'two assessment years preceding such assessment year' shall be read as 'any assessment year preceding such assessment year', replacing the prior limited temporal wording with an open reference to any prior assessment year.
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Provisions expressly mentioned in the judgment/order text.
Assessment year reference revised to permit any assessment year preceding the relevant assessment year, replacing prior limited phrasing.
Corrigendum to Circular No. 23 of 2022 amends the explanatory notes to the Finance Act, 2022 by providing that, in sub point (iii) of point (I) of sub paragraph (A) of paragraph 28.5, the phrase "two assessment years preceding such assessment year" shall be read as "any assessment year preceding such assessment year", replacing the prior limited temporal wording with an open reference to any prior assessment year.
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