Finance Acts

Section - 38 - Amendment of section 132

Amendment of section 132.

38. In section 132 of the Income-tax Act,-

(a)- in sub-section (8), for the words "thirty days from the date of the order of assessment or reassessment or re-computation", the words "one month from the end of the quarter in which the order of assessment or reassessment or re-computation is made" shall be substituted;
(b)- in Explanation 1, in the opening portion, for the word "authorisation", the word "authorisations" shall be substituted.
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