https://www.taxtmi.com/acts?id=50985 Amendments to section 15 require an intimation to the assessee where adjustments are made even if no tax or interest is due, retitle an existing proviso, expand clause references to include orders under sub-sections (3) or (5), and clarify cross-references. The opening of sub section (2) is reworded to prescribe Assessing Officer action where returns are made under section 13 or 14 or in response to a specified notice and to streamline service wording. New sub sections deem payments under sub section (1) to apply to subsequent regular assessments and treat excess refunds as tax payable, and provide transitional application to earlier assessment years. en-us Thu, 17 Apr 2025 16:59:36 +0530 Thu, 17 Apr 2025 16:59:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50985 Amendments to section 15 require an intimation to the assessee where adjustments are made even if no tax or interest is due, retitle an existing proviso, expand clause references to include orders under sub-sections (3) or (5), and clarify cross-references. The opening of sub section (2) is reworded to prescribe Assessing Officer action where returns are made under section 13 or 14 or in response to a specified notice and to streamline service wording. New sub sections deem payments under sub section (1) to apply to subsequent regular assessments and treat excess refunds as tax payable, and provide transitional application to earlier assessment years. Act-Rules F. Acts / Amendment Acts Thu, 17 Apr 2025 16:59:36 +0530 https://www.taxtmi.com/acts?id=50985