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<h1>New Authorities Designated for Issuing Notices Under Sections 148 and 148A of Income Tax Act Effective September 2024.</h1> From September 1, 2024, the specified authorities for issuing notices under sections 148 and 148A of the Income Tax Act will be the Additional Commissioner, Additional Director, Joint Commissioner, or Joint Director. Before this date, notices could be issued up to three years from the end of the relevant assessment year by the Principal Commissioner or Director. If more than three years have passed, the Principal Chief Commissioner or Director General is responsible. The Finance Act 2021 amended sections 147, 148, 148A, 149, and 151 to reduce the time limit for reopening income tax proceedings, effective from April 1, 2021.