Clause 72 - Amendment of section 263. - Finance Bill, 2025

Amendment of section 263. 72. In section 263 of the Income-tax Act, in the Explanation, occurring after sub-section (3), for the words any period during which any proceeding under this section is stayed by an order or injunction of any court , the words the period commencing on the date on which stay on any proceeding under this section was granted by an order or injunction of any court and ending on the date on which certified copy of the order vacating the stay was received by the jurisdictional Principal Commissioner or Commissioner shall be substituted.