Amendment of section 154.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

...., namely:-                 "(c) amend any intimation under sub-section (1) of section 200A.";            (b) in sub-section (2), in clause (b), for the words "by the assessee", the words "by the assesse or by the deductor," shall be substituted;    &n....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e or otherwise increasing the liability of the assessee or the deductor, the Assessing Officer shall serve on the assessee or the deductor, as the case may be" shall be substituted;            (f) in sub-section (8), for the words "by the assessee", the words "by the assessee or by the deductor" shall be substituted. - Clause 67 of the Bill s....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ndment has the effect of reducing the assessment, the Assessing Officer shall make any refund which may be due to such assessee. It is proposed to substitute the aforesaid sub-section so as to provide that where any such amendment has the effect of reducing the assessment or otherwise reducing the liability of the assessee or the deductor, the Assessing Officer shall make any refund which may b....