Amendment of section 149.

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....section 148, where,-- (a) a search is initiated under section 132; or (b) a search under section 132 for which the last of authorisations is executed; or (c) requisition is made under section 132A, after the 15th day of March of any financial year and the period for issue of notice under section 148 expires on the 31st day of March of such financial year, a peri....

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....ear, a period of fifteen days shall be excluded for the purpose of computing the period of limitation as per this section and the notice issued under clause (b) of section 148A in such case shall be deemed to have been issued on the 31st day of March of such financial year:"; (II) in the sixth proviso, for the words "less than seven days", the words "does not exceed seven days" shall be s....

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....der section 148 in such case shall be deemed to have been issued on the 31st March of such financial year. The proposed fourth proviso provides that where the information as referred to in Explanation 1 to section 148 emanates from a statement recorded or documents impounded under section 131 or section 133A, as the case may be, on or before the 31st March of a financial year, in consequence of....