Clause 89 - Amendment of section 246A. - Finance Bill, 2012

Amendment of section 246A. 89. In section 246A of the Income-tax Act, in sub-section (1), (i) for the words Any assessee aggrieved , the words Any assessee or any deductor aggrieved shall be substituted with effect from the 1st day of July, 2012; (ii) in clause (a), (I) for the words and figures section 143, where the assessee objects , the words, figures, brackets and letter section 143 or sub-section (1) of section 200A, where the assessee or the deductor objects shall be substituted with effect from the 1st day of July, 2012; (II) for the words except an order passed in pursuance of directions of the Dispute Resolution Panel , the brackets, words, figures and letters [except an order passed in pursuance of directions of the Dispute Resolution Panel or an order referred to in sub-section (12) of section 144BA] shall be substituted with effect from the 1st day of April, 2013; (iii) in clause (b), for the words except an order passed in pursuance of directions of the Dispute Resolution Panel , the brackets, words, figures and letters [except an order passed in pursuance of directions of the Dispute Resolution Panel or an order referred to in sub-section (12) of section 144BA] shall be substituted with effect from the 1st day of April, 2013; (iv) in clause (ba), (I) for the words, figures and letter under section 153A , the words, figures, letter and brackets under section 153A [except an order passed in pursuance of directions of the Dispute Resolution Panel] shall be substituted with effect from the 1st day of October, 2009; (II) for the words Dispute Resolution Panel , the words, brackets, figures and letter, Dispute Resolution Panel or an order referred to in sub-section (12) of section 144BA shall be substituted with effect from the 1 st day of April, 2013; (v) after clause (ba), the following clause shall be inserted with effect from the 1st day of July, 2012, namely: (bb) an order of assessment or reassessment under sub-section (3) of section 92CD; ; (vi) in clause (c), after the words either of the said sections , the words, brackets, figures and letters except where it is in respect of an order referred to in sub-section (12) of section 144BA shall be inserted with effect from the 1st day of April, 2013. (vii) in clause (j), in sub-clause (B), after the word, figures and letters section 271AAA , the word, figures and letters , section 271AAB shall be inserted with effect from the 1st day of July, 2012.