Amendment of section 270A.

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.... for the first time under section 148" shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 2017; (B) in sub-section (2), in clause (e), for the words "no return of income has been filed", the words and figures "no return of income has been furnished or where return has been furnished for the first time under section 148" shall be substi....

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....er in which under-reported income shall be determined. It is proposed to amend clause (b) and clause (e) of the said sub-section (2) so as to provide that where return is furnished for the first time under section 148, a person shall be considered to have under-reported his income, if the income or deemed income assessed is greater than the maximum amount not chargeable to tax . It is furthe....