TMI BlogInsertion of new section 245AA.X X X X Extracts X X X X X X X X Extracts X X X X ..... ng section shall be inserted and shall be deemed to have been inserted with effect from the 1st day of February, 2021, namely:-- Interim Boards for Settlement. "245AA. (1) The Central Government s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the majority.". - Clause 55 of the Bill seeks to insert a new section 245AA of the Income-tax Act so as to provide for constitution of one or more Interim Board for settlement of pending applic ..... X X X X Extracts X X X X X X X X Extracts X X X X
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