Section 80 - Amendment of section 245N - Finance Act, 2017

Amendment of section 245N 80. In section 245N of the Income-tax Act, for clause (b), the following clause shall be substituted, namely:- (b) applicant means- (A) any person who- (I) is a non-resident referred to in sub-clause (i) of clause (a); or (II) is a resident referred to in sub-clause (ii) of clause (a); or (III) is a resident referred to in sub-clause (iia) of clause (a) falling within any such class or category of persons as the Central Government may, by notification in the Official Gazette, specify; or (IV) is a resident falling within any such class or category of persons as the Central Government may, by notification in the Official Gazette, specify in this behalf; or (V) is referred to in sub-clause (iv) of clause (a), and makes an application under sub-section (1) of section 245Q; (B) an applicant as defined in clause (c) of section 28E of the Customs Act, 1962; (52 of 1962.) (C) an applicant as defined in clause (c) of section 23A of the Central Excise Act, 1944; (1 of 1944.) (D) an applicant as defined in clause (b) of section 96A of the Finance Act, 1994; . (32 of 1994.)