Section 144C Time-Limit Finally Clarified: No More Litigation on Draft vs Final Assessment Deadlines

, Last updated: 09 February 2026 Share Follow on Google News

Overview The Finance Bill 2026 has introduced crucial, retrospective amendments to the Income-tax Act, 1961, to finally resolve the long-standing litigation regarding the time limits for issuing draft and final assessment orders under Section 144C. The amendments clarify that the general assessment

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About the Author

Poojitha Raam Vinay

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I simplify complex income tax, TDS, banking, and investment updates into practical insights for taxpayers, salaried professionals, pensioners, and senior citizens. I regularly write on ITR filing, tax compliance, savings schemes, and the latest financial rule changes in India.

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