Section 33 - Amendment of section 184 - Taxation Laws (Amendment) Act, 1970

33. Amendment of section 184. In section 184 of the Income-tax Act, in the proviso to sub-section (7), for clause (ii), the following clause shall be substituted, namely:- (ii) the firm furnishes, before the expiry of the time allowed under sub-section (1) or sub-section (2) of section 139 (whether fixed originally or on extension) for furnishing the return of income for such subsequent assessment year, a declaration to that effect, in the prescribed form and verified in the prescribed manner, so, however, that where the Income-tax Officer is satisfied that the firm was prevented by sufficient cause from furnishing the declaration within the time so allowed, he may allow the firm to furnish the declaration at any time before the assessment is made. .