Sanction for issue of notice

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....e Assessing Officer that it is a fit case for the issue of such notice. (2) No notice shall be issued under section 148 after the expiry of four years from the end of the relevant assessment year, unless the Chief Commissioner or Commissioner is satisfied on the reasons recorded by the Assessing Officer that it is a fit case for the issue of such notice." 2. Substituted vide Section 39 of the Finance Act, 1990 w.e.f. 01-04-1990 before it was read as,  "except by an Assessing Officer of the rank of Assistant Commissioner or Deputy Commissioner" 3. Inserted vide Section 3 of the Finance (No. 2) Act, 1998 w.e.f. 1-10-1998 4. Substituted vide Section 3 of the Finance (No. 2) Act, 1998 w.e.f. 1-10-1998 before it was....

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....incipal Commissioner or] Commissioner is satisfied, on the reasons recorded by the Assessing Officer aforesaid, that it is a fit case for the issue of such notice. (2) In a case other than a case falling under sub-section (1), no notice shall be issued under section 148 by an Assessing Officer, who is below the rank of 5[Joint] Commissioner, after the expiry of four years from the end of the relevant assessment year, unless the 6[Joint] Commissioner is satisfied, on the reasons recorded by such Assessing Officer, that it is a fit case for the issue of such notice.] 7[Explanation.-For the removal of doubts, it is hereby declared that the Joint Commissioner, the 8A[Principal Commissioner or] Commissioner or the 8C[Principal Chief Commissi....