https://www.taxtmi.com/acts?id=50981 Amendments to section 16 require intimation to the assessee where adjustments are made under the first proviso, revise cross references and wording in sub sections (1A) and (2) to specify action where returns or responses to notices are made, and insert two sub sections deeming payments under sub section (1) as payment towards a regular assessment and treating excess refunds as tax payable, with a transitional provision preserving earlier section text for the assessment year commencing 1st April, 1988 and prior years. en-us Thu, 17 Apr 2025 16:57:32 +0530 Thu, 17 Apr 2025 16:57:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50981 Amendments to section 16 require intimation to the assessee where adjustments are made under the first proviso, revise cross references and wording in sub sections (1A) and (2) to specify action where returns or responses to notices are made, and insert two sub sections deeming payments under sub section (1) as payment towards a regular assessment and treating excess refunds as tax payable, with a transitional provision preserving earlier section text for the assessment year commencing 1st April, 1988 and prior years. Act-Rules F. Acts / Amendment Acts Thu, 17 Apr 2025 16:57:32 +0530 https://www.taxtmi.com/acts?id=50981