Amendment of section 143.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... r the assessment year commencing on or after the 1st day of April, 2018;"; (b) after sub-section (3), the following sub-sections shall be inserted, namely:- "(3A) The Central Government may make a scheme, by notification in the Official Gazette, for the purposes of making assessment of total income or loss of the assessee under sub-section (3) so as to impart greater efficiency, transparency a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... very notification issued under sub-section (3A) and sub-section (3B) shall, as soon as may be after the notification is issued, be laid before each House of Parliament.". - Clause 44 of the Bill seeks to amend section 143 of the Income-tax Act relating to assessment. Clause (a) of sub-section (1) of the said section provides that at the time of processing of return of income made under section .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X