Amendment of section 253.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....fter the words and figures "or under section 263", the words, figures and letter "or under section 270A" shall be inserted; (B) with effect from the 1st day of June, 2016,- (a) sub-section (2A) and sub-section (3A) shall be omitted; (b) for sub-section (4), the following sub-section shall be substituted with effect from the 1st day of June, 2016, namely:- "(4) T....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....st day of July, 2012, namely:- "Provided that no fee shall be payable in the case of an appeal referred to in sub-section (2), or, sub-section (2A) as it stood before its amendment by the Finance Act, 2016, or, a memorandum of cross objections referred to in sub-section (4).". - Clause 93 of the Bill seeks to amend section 253 of the Income tax Act relating to appeals to the Appellate Trib....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... of income. These amendments will take effect from 1st April, 2017 and will, accordingly, apply in relation to the assessment year 2017- 2018 and subsequent years. Sub-clause (B) of the said clause seeks to omit sub-sections (2A) and (3A) and to substitute sub-section (4) of the said section.  Sub-section (2A) of the aforesaid section provides that the Principal Commissioner or Commi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....aid sub-sections (2A) and (3A) to do away with the filing of such appeal by the Assessing Officer. It is also proposed to consequently amend sub-section (4) of the aforesaid section so as to exclude therefrom the reference relating to direction of the Dispute Resolution Panel, sub-section (2A) and the order of the Assessing Officer (in pursuance of the directions of the Dispute Resolution Panel....