Finance Acts

Amendment of section 153B.

46. In section 153B of the Income-tax Act, in the Explanation, for clause (i), the following clause shall be substituted, namely:-

"(i) the period commencing on the date on which stay on the assessment proceeding was granted by an order or injunction of any court and ending on the date on which certified copy of the order vacating the stay was received by the jurisdictional Principal Commissioner or Commissioner; or".