Amendment of section 155

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....ter clause (b), the following clause shall be inserted, namely: - "(c) on any order passed under sub-section (4) of section 245D on the application made by the firm."; (iii) for the words "from the date of the final order passed", the words "from the end of the financial year in which the final order was passed" shall be substituted; (b) in sub-section (2), with effect from the 1st day of Oc....

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....nd of the financial year in which the final order was passed" shall be substituted with effect from the 1st day of October, 1984; (e) after sub-section (7A), the following sub-section shall be inserted, namely: - '(7B) Where in the assessment for any year, the capital gain arising from the transfer of a capital asset is not charged under section 45 by virtue of the provisions of clause (iv....

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....ovisions of section 154 shall, so far as may be, apply thereto, the period of four years specified in sub-section (7) of that section being reckoned from the end of the previous year in which the capital asset was so converted or treated or in which the parent company or its nominees or, as the case may be, the holding company ceased to hold the whole of the share capital of the subsidiary company....