Section 158BI - Chapter not to apply after certain date - Income-tax Act, 1961

2 [ Chapter not to apply in certain circumstances. 158BI. The provisions of this Chapter shall not apply where a search was initiated under section 132, or books of account, other documents or any assets were requisitioned under section 132A, before the 1st day of September, 2024, and proceedings in relation to such search or requisition, as the case may be, shall be governed by the other provisions of this Act. ] ----------------------- Notes :- 1. Inserted by the Finance Act, 2003, w.e.f. 1-6-2003. 2. Substituted vide Section 49 of the Finance (No. 2) Act, 2024 dated 16-08-2024 w.e.f. 01-09-2024 before it was read as, 1 [Chapter not to apply after certain date. 158BI. The provisions of this Chapter shall not apply where a search is initiated under section 132, or books of account, other documents or any assets are requisitioned under section 132A after the 31st day of May, 2003.]