Section 74 - Amendment of section 151. - Finance Act, 2023

Amendment of section 151. 74. In section 151 of the Income-tax Act, (a) in clause (ii), the words where there is no Principal Chief Commissioner or Principal Director General, shall be omitted; (b) after clause (ii), the following proviso shall be inserted, namely: Provided that the period of three years for the purposes of clause (i) shall be computed after taking into account the period of limitation as excluded by the third or fourth or fifth provisos or extended by the sixth proviso to sub-section (1) of section 149. .