Section 153D - Prior approval necessary for assessment in cases of search or requisition - Income-tax Act, 1961

1 [Prior approval necessary for assessment in cases of search or requisition. 153D. No order of assessment or reassessment shall be passed by an Assessing Officer below the rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 2 [ sub-section (1) of section 153A ] or the assessment year referred to in clause (b) of sub-section (1) of section 153B, except with the prior approval of the Joint Commissioner.] 3 [ Provided that nothing contained in this section shall apply where the assessment or reassessment order, as the case may be, is required to be passed by the Assessing Officer with the prior approval of the 4 [Principal Commissioner or] Commissioner under sub-section (12) of section 144BA.] ------------------------ Notes :- 1. Inserted by the Finance Act, 2007, w.e.f. 1-6-2007. 2. Substituted for section 153A , by the Finance Act, 2008, w.e.f. 1-6-2003. 3. Inserted vide the Finance Act 2013, w.e.f. 1st day of April, 2016 4..Inserted vide THE FINANCE (No. 2) ACT, 2014 w.e.f. 1st day of June, 2013