taxation Laws (Amendment) Act, 2021

Section 2 – Taxation Laws (Amendment) Act, 2021

Amendment of section 9 In section 9 of the Income-tax Act, 1961 (43 of 1961), in sub-section (1), in clause (i), in Explanation 5, after the third proviso, the following provisos shall be inserted, namely:— “Provided also that nothing contained in this Explanation shall apply to— (i)   an assessment or reassessment to be made under section 143, section 144,