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    <title>Amendment of section 153</title>
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    <description>Amendment reduces the limitation period for assessments and reassessments to one year, replaces the proviso to provide a transitional extended cut-off for notices issued in the transitional window, substitutes sub-section (2A) to allow fresh assessments pursuant to orders setting aside or cancelling assessments to be made within one year from the end of the financial year in which the order is received or passed, and omits clause (i) of sub-section (3).</description>
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      <description>Amendment reduces the limitation period for assessments and reassessments to one year, replaces the proviso to provide a transitional extended cut-off for notices issued in the transitional window, substitutes sub-section (2A) to allow fresh assessments pursuant to orders setting aside or cancelling assessments to be made within one year from the end of the financial year in which the order is received or passed, and omits clause (i) of sub-section (3).</description>
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