Effect to advance pricing agreement.

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....me has been furnished under the provisions of section 139 for any assessment year relevant to a previous year to which such agreement applies, such person shall furnish, within a period of three months from the end of the month in which the said agreement was entered into, a modified return in accordance with and limited to the agreement. (2) Save as otherwise provided in this section, all othe....

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....which the agreement applies are pending on the date of filing of modified return in accordance with the provisions of sub-section (1), the Assessing Officer shall proceed to complete the assessment or reassessment proceedings in accordance with the agreement taking into consideration the modified return so furnished. (5) Notwithstanding anything contained in section 153 or section 153B or secti....

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....sed; or (b)  no notice has been issued under sub-section (2) of section 143 till the expiry of the limitation period provided under the said section.]     ***************** NOTES:- 1.  Inserted vide Section 40 of the Finance Act, 2012 w.e.f. 01-07-2012 2.  Substituted vide Section 29 of the Finance (No. 2) Act 2019 w.e.f. 01-09-20....