https://www.taxtmi.com/acts?id=39595 The substituted provision empowers the Assessing Officer to assess or reassess income that has escaped assessment and to recompute losses, depreciation and other allowances for the relevant assessment year, and the Explanation permits assessment of any issue coming to notice during those proceedings irrespective of non compliance with pre assessment notice formalities. en-us Tue, 30 Mar 2021 15:10:12 +0530 Tue, 30 Mar 2021 15:10:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39595 The substituted provision empowers the Assessing Officer to assess or reassess income that has escaped assessment and to recompute losses, depreciation and other allowances for the relevant assessment year, and the Explanation permits assessment of any issue coming to notice during those proceedings irrespective of non compliance with pre assessment notice formalities. Act-Rules F. Acts / Amendment Acts Tue, 30 Mar 2021 15:10:12 +0530 https://www.taxtmi.com/acts?id=39595