Amendment of section 245D.

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..... mely: Provided also that where in respect of an application, an order, which was required to be passed under this sub-section on or before the 31st day of January, 2021, has not been passed on or before the 31st day of January, 2021, such application shall deemed to be valid. ; (ii) in sub-section (6B), for the words amend any order passed by it , the words amend any order passed shall .....

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..... on 245C and received by the Interim Board; (iv) where the time-limit for amending any order or filing of rectification application as per sub-section (6B) expires on or after the 1st day of February, 2021, in computing the period of limitation, the period commencing from the 1 [ 1st day of February, 2021 ] and ending on the end of the month in which the Interim Board is constituted shall be .....

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..... terim Board, so as to impart greater efficiency, transparency and accountability by- (a) eliminating the interface between the Interim Board and the assessee in the course of proceedings to the extent technologically feasible; (b) optimising utilisation of the resources through economies of scale and functional specialisation; (c) introducing a mechanism with dynamic jurisdiction. (12) .....

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