https://www.taxtmi.com/acts?id=40765 Section 170A requires that, when a court, tribunal or Adjudicating Authority issues an order in respect of a business reorganisation, the successor must furnish a modified return in the prescribed form and manner limited to and in accordance with that order. Where assessment or reassessment for the relevant assessment year has been completed, the Assessing Officer shall modify the previously determined total income to conform with the order and the modified return; where proceedings are pending, the Assessing Officer shall assess or reassess total income in accordance with the order and the modified return. Other Act provisions and applicable tax rates continue to apply. en-us Tue, 29 Mar 2022 14:22:54 +0530 Sat, 05 Jul 2025 11:44:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40765 Section 170A requires that, when a court, tribunal or Adjudicating Authority issues an order in respect of a business reorganisation, the successor must furnish a modified return in the prescribed form and manner limited to and in accordance with that order. Where assessment or reassessment for the relevant assessment year has been completed, the Assessing Officer shall modify the previously determined total income to conform with the order and the modified return; where proceedings are pending, the Assessing Officer shall assess or reassess total income in accordance with the order and the modified return. Other Act provisions and applicable tax rates continue to apply. Act-Rules Income Tax Tue, 29 Mar 2022 14:22:54 +0530 https://www.taxtmi.com/acts?id=40765