https://www.taxtmi.com/acts?id=10700 Explanation 3 to section 147 authorises the Assessing Officer to assess or reassess income in respect of any issue that has escaped assessment and subsequently comes to his notice during proceedings under section 147, notwithstanding that the reasons for that issue were not included in the reasons recorded under subsection (2) of section 148; the Explanation is deemed inserted with effect from the first day of April, 1989. en-us Tue, 04 Aug 2009 17:32:14 +0530 Sat, 08 Aug 2009 13:53:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10700 Explanation 3 to section 147 authorises the Assessing Officer to assess or reassess income in respect of any issue that has escaped assessment and subsequently comes to his notice during proceedings under section 147, notwithstanding that the reasons for that issue were not included in the reasons recorded under subsection (2) of section 148; the Explanation is deemed inserted with effect from the first day of April, 1989. Act-Rules F. Acts / Amendment Acts Tue, 04 Aug 2009 17:32:14 +0530 https://www.taxtmi.com/acts?id=10700