Section 74 - Amendment of section 271AAB - Finance Act, 2022

Amendment of section 271AAB 74. In section 271AAB of the Income-tax Act,- (a) in sub-section (1), in the opening portion, after the words The Assessing Officer , the words and brackets or the Commissioner (Appeals) shall be inserted; (b) in sub-section (1A), in the opening portion, after the words The Assessing Officer , the words and brackets or the Commissioner (Appeals) shall be inserted; (c) in the Explanation, in clause (a), for the words, figures and letter under section 153A , the words, figures and letter under section 148 or under section 153A, as the case may be, shall be substituted and shall be deemed to have been substituted with effect from 1st April, 2021