varshith7/income-tax-act-india huggingface dataset:
Income Tax Act, 2025
Section 1: Subs. by Act 41 of 1975, s. 38, for sub-section (6) (w.e.f. 11976).
1. Subs. by Act 41 of 1975, s. 38, for sub-section (6) (w.e.f. 11976).
2. Subs. by Act 4 of 1988, s. 42, for “in sub-sections (1), (2) and (3)” (w.e.f. 11989).
3. Subs. by Act 20 of 2015, s. 35, for “assets of the prescribed nature, value and belonging to him” (w.e.f. 12016).
4. Subs. by Act 27 of 1999, s. 62, for “and value and belonging to him” (w.e.f. 11999).
5. Subs. by Act 4 of 1988, s. 42, for “in sub-sections (1), (2) and (3)”(w.e.f. 11989).
6. The words “sub-sections (1) and (3) of” omitted by Act 22 of 1995, s. 29 (w.e.f. 11995).
(w.e.f. 11976).
2. Subs. by Act 4 of 1988, s. 42, for “in sub-sections
and
and
and
of” omitted by Act 22 of 1995, s. 29 (w.e.f. 11995).
Income Tax Act, 2025
Section 9: Sub-section (7) omitted by Act 4 of 1988, s. 42 (w.e.f. 11989).
9. Sub-section (7) omitted by Act 4 of 1988, s. 42 (w.e.f. 11989).
10. Subs. by Act 42 of 1970, s. 26, for sub-section (8) (w.e.f. 11971). Earlier sub-section (8) was inserted by Act 13 of
1963, s. 8 (w.e.f. 281963).
11. Subs. by Act 16 of 1972, s. 26, for the portion beginning with “Where the return” and ending with “under this subsection” (w.e.f. 11972).
omitted by Act 4 of 1988, s. 42 (w.e.f. 11989).
10. Subs. by Act 42 of 1970, s. 26, for sub-section
(w.e.f. 11971). Earlier sub-section
was inserted by Act 13 of
1963, s. 8 (w.e.f. 281963).
11. Subs. by Act 16 of 1972, s. 26, for the portion beginning with “Where the return” and ending with “under this subsection” (w.e.f. 11972).
Income Tax Act, 2025
Section 2: Subs. by Act 21 of 2006, s. 31, for “deducted at source” (w.e.f. 12007).
2. Subs. by Act 21 of 2006, s. 31, for “deducted at source” (w.e.f. 12007).
3. The words “before the 1st day of April, 2008” omitted by Act 18 of 2008, s. 30 (w.e.f. 12008).
Income Tax Act, 2025
Section 4: Ins. by Act 20 of 2002, s. 59 (w.e.f. 12002).
4. Ins. by Act 20 of 2002, s. 59 (w.e.f. 12002).
5. Subs. by Act 21 of 2006, s. 31, for “claimed to have been deducted at source” (w.e.f. 12007).
Income Tax Act, 2025
Section 7: Subs. by Act 32 of 1985, s. 29, for “auditor’s report” (w.e.f. 11985).
7. Subs. by Act 32 of 1985, s. 29, for “auditor’s report” (w.e.f. 11985).
8. The proviso omitted by Act 22 of 2007, s. 44 (w.e.f. 12006). Earlier the proviso inserted by Act 21 of 2006,
s. 31 (w.e.f. 12006).
Income Tax Act, 2025
Section 2: Subs. by Act 21 of 1998, s. 41, for “fifty thousand rupees” (w.e.f. 11998).
2. Subs. by Act 21 of 1998, s. 41, for “fifty thousand rupees” (w.e.f. 11998).
3. Subs. by Act 18 of 2005, s. 41, for “sub-section (4A) of section 139” (w.e.f. 12006).
of section 139” (w.e.f. 12006).
Income Tax Act, 2025
Section 139D: Filing of return in electronic form.—The Board may make rules providing for—
139D. Filing of return in electronic form.—The Board may make rules providing for—
(a) the class or classes of persons who shall be required to furnish the return in electronic form;
(b) the form and the manner in which the return in electronic form may be furnished;
(c) the documents, statements, receipts, certificates or audited reports which may not be furnished
along with the return in electronic form but shall be produced before the Assessing Officer on
demand;
(d) the computer resource or the electronic record to which the return in electronic form may be
transmitted.]
140. Return by whom to be 2[verified].—The return 3[under section 115WD or section 139] shall be
4[verified]—
5[(a) in the case of an individual,—
(i) by the individual himself;
(ii) where he is absent from India, by the individual himself or by some person duly
authorised by him in this behalf;
the class or classes of persons who shall be required to furnish the return in electronic form;
the form and the manner in which the return in electronic form may be furnished;
the documents, statements, receipts, certificates or audited reports which may not be furnished
along with the return in electronic form but shall be produced before the Assessing Officer on
demand;
the computer resource or the electronic record to which the return in electronic form may be
transmitted.]
140. Return by whom to be 2[verified].—The return 3[under section 115WD or section 139] shall be
4[verified]—
5[
in the case of an individual,—
by the individual himself;
where he is absent from India, by the individual himself or by some person duly
authorised by him in this behalf;
Income Tax Act, 2025
Section 3: Subs. by Act 41 of 1975, s. 40, for clauses (c) and (d) (w.e.f. 11976).
3. Subs. by Act 41 of 1975, s. 40, for clauses (c) and (d) (w.e.f. 11976).
and
(w.e.f. 11976).
Income Tax Act, 2025
Section 2: Subs. by Act 41 of 1975, s. 41, for sub-section (1) (w.e.f. 11976).
2. Subs. by Act 41 of 1975, s. 41, for sub-section (1) (w.e.f. 11976).
(w.e.f. 11976).
Income Tax Act, 2025
Section 4: Subs. by Act 18 of 2005, s. 43, for “section 139” (w.e.f. 12006).
4. Subs. by Act 18 of 2005, s. 43, for “section 139” (w.e.f. 12006).
5. Subs. by Act 27 of 1999, s. 63, for “or, as the case may be, section 148” (w.e.f. 11999).
6. Subs. by Act 32 of 2003, s. 63, for “as the case may be, section 158BC” (w.e.f. 12003).
7. Subs. by Act 21 of 2006, s. 34, for “after taking into account the amount of tax, if any, already paid under any provision
of this Act” (w.e.f. 12007).
Income Tax Act, 2025
Section 8: Ins. by Act 23 of 2012, s. 60 (w.e.f. 12013).
8. Ins. by Act 23 of 2012, s. 60 (w.e.f. 12013).
9. Subs. by Act 4 of 1988, s. 45, for “the assessee shall be liable to pay such tax before furnishing the return and the return
shall be accompanied by proof of payment of such tax” (w.e.f. 11989).
Income Tax Act, 2025
Section 12: Ins. by Act 4 of 1988, s. 45 (w.e.f. 11989).
12. Ins. by Act 4 of 1988, s. 45 (w.e.f. 11989).
13. Subs. by Act 7 of 2017, s. 57, for “and interest as aforesaid, the amount so paid shall first be adjusted
towards” (w.e.f. 12018).
Income Tax Act, 2025
Section 15: Subs. by Act 18 of 2005, s. 43, for sub-section (1A) (w.e.f. 12006). Earlier
15. Subs. by Act 18 of 2005, s. 43, for sub-section (1A) (w.e.f. 12006). Earlier
(w.e.f. 12006). Earlier
Income Tax Act, 2025
Section 6: Subs. by Act 4 of 1988, s. 45, for sub-section (3) (w.e.f. 11989).
6. Subs. by Act 4 of 1988, s. 45, for sub-section (3) (w.e.f. 11989).
(w.e.f. 11989).
Income Tax Act, 2025
Section 1: Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
1. Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
2. Subs. by Act 18 of 2005, s. 44, for “under section 139 or in whose case the time allowed under sub-section (1) of that
section” (w.e.f. 12006).
3. Subs. by Act 4 of 1988, s. 47, for “or to whom a notice has been issued under sub-section (2) of section 139 (whether a
return has been made or not)” (w.e.f. 11989).
of that
section” (w.e.f. 12006).
3. Subs. by Act 4 of 1988, s. 47, for “or to whom a notice has been issued under sub-section
of section 139 (whether a
return has been made or not)” (w.e.f. 11989).
Income Tax Act, 2025
Section 4: Ins. by s. 47, ibid (w.e.f. 11989).
4. Ins. by s. 47, ibid (w.e.f. 11989).
5. Subs. by Act 12 of 1990, s. 36, for “before the end of the relevant assessment year” (w.e.f. 11990).
6. Subs. by Act 21 of 2006, s. 35, for “within the time allowed under sub-section (1) of section 139” (w.e.f. 12006)
of section 139” (w.e.f. 12006)
Income Tax Act, 2025
Section 7: Ins. by, s. 35, ibid. (w.e.f. 11990).
7. Ins. by, s. 35, ibid. (w.e.f. 11990).
8. Clauses (i) and (ii) renumbered as clauses (ii) and (iii) thereof by Act 4 of 1988, s. 47 (w.e.f. 11989).
9. Subs. by Act 21 of 1998, s. 3, for “Deputy Commissioner” (w.e.f. 11998). Earlier substituted as “Deputy
Commissioner” for “Inspecting Assistant Commissioner” by Act 4 of 1988, s. 2 (w.e.f. 11988).
and
renumbered as clauses
and
thereof by Act 4 of 1988, s. 47 (w.e.f. 11989).
9. Subs. by Act 21 of 1998, s. 3, for “Deputy Commissioner” (w.e.f. 11998). Earlier substituted as “Deputy
Commissioner” for “Inspecting Assistant Commissioner” by Act 4 of 1988, s. 2 (w.e.f. 11988).
Income Tax Act, 2025
Section 10: Ins. by Act 41 of 1975, s. 43 (w.e.f. 11976).
10. Ins. by Act 41 of 1975, s. 43 (w.e.f. 11976).
11. Subs. by Act 17 of 2013, s. 37, for “the nature and complexity of the accounts of the assessee and” (w.e.f. 12013).
12. Subs. by Act 25 of 2014, s. 4, for “Chief Commissioner” (w.e.f. 12013). Earlier substituted as Chief Commissioner or
Commissioner” for “Commissioner” by Act 4 of 1988, s. 2 (w.e.f. 11988).
Income Tax Act, 2025
Section 3: Subs. by Act 18 of 2008, s. 32, for sub-section (1) (w.e.f. 12008).
3. Subs. by Act 18 of 2008, s. 32, for sub-section (1) (w.e.f. 12008).
(w.e.f. 12008).
Income Tax Act, 2025
Section 1: Subs. by Act 7 of 2017, s. 58, for sub-section (ID) (w.e.f. 12018).
1. Subs. by Act 7 of 2017, s. 58, for sub-section (ID) (w.e.f. 12018).
(w.e.f. 12018).
Income Tax Act, 2025
Section 2: Subs. by Act 28 of 2016, s. 68, for sub-section (2) (w.e.f. 12016).
2. Subs. by Act 28 of 2016, s. 68, for sub-section (2) (w.e.f. 12016).
(w.e.f. 12016).
Income Tax Act, 2025
Section 3: Subs. by Act 20 of 2002, s. 60, for sub-section (3) (w.e.f. 12002).
3. Subs. by Act 20 of 2002, s. 60, for sub-section (3) (w.e.f. 12002).
(w.e.f. 12002).
Income Tax Act, 2025
Section 7: Sub-section (5) omitted by Act 27 of 1999, s. 64 (w.e.f. 11999).
7. Sub-section (5) omitted by Act 27 of 1999, s. 64 (w.e.f. 11999).
omitted by Act 27 of 1999, s. 64 (w.e.f. 11999).
Income Tax Act, 2025
Section 9: Ins. by Act 41 of 1975, s. 45 (w.e.f. 11976).
9. Ins. by Act 41 of 1975, s. 45 (w.e.f. 11976).
10. Subs. by Act 21 of 1998, s. 3, for “Deputy Commissioner” (w.e.f.11998). Earlier the quoted words were substituted
by Act 4 of 1988, s. 2, for “Inspecting Assistant Commissioner” (w.e.f. 11988).
Income Tax Act, 2025
Section 2: Subs. by s. 63, ibid., for “in section 153” (w.e.f. 12009).
2. Subs. by s. 63, ibid., for “in section 153” (w.e.f. 12009).
3. Ins. by Act 17 of 2013, s. 40 (w.e.f. 12016). Earlier sub-section (14A) omitted by Act 17 of 2013, s. 40 (w.e.f. 1
2013) which was inserted by Act 23 of 2012, s. 63 (w.e.f. 12013).
omitted by Act 17 of 2013, s. 40 (w.e.f. 1
2013) which was inserted by Act 23 of 2012, s. 63 (w.e.f. 12013).
Income Tax Act, 2025
Section 6: Subs. by Act 4 of 1988, s. 55, for sub-section (1) (w.e.f. 11989).
6. Subs. by Act 4 of 1988, s. 55, for sub-section (1) (w.e.f. 11989).
(w.e.f. 11989).
Income Tax Act, 2025
Section 7: Subs. by Act 14 of 2001, s. 63, for clauses (a) and (b) (w.e.f. 12001).
7. Subs. by Act 14 of 2001, s. 63, for clauses (a) and (b) (w.e.f. 12001).
and
(w.e.f. 12001).
Income Tax Act, 2025
Section 152: Other provisions.—(1) In an assessment, reassessment or recomputation made under
152. Other provisions.—(1) In an assessment, reassessment or recomputation made under
section 147, the tax shall be chargeable at the rate or rates at which it would have been charged had the
income not escaped assessment.
(2) Where an assessment is reopened 5[under section 147], the assessee may, if he has not impugned
any part of the original assessment order for that year either under sections 246 to 248 or under section
264, claim that the proceedings under section 147 shall be dropped on his showing that he had been
assessed on an amount or to a sum not lower than what he would be rightly liable for even if the income
alleged to have escaped assessment had been taken into account, or the assessment or computation had
been properly made:
Provided that in so doing he shall not be entitled to reopen matters concluded by an order
under section 154, 155, 260, 262, or 263.
In an assessment, reassessment or recomputation made under
section 147, the tax shall be chargeable at the rate or rates at which it would have been charged had the
income not escaped assessment.
Where an assessment is reopened 5[under section 147], the assessee may, if he has not impugned
any part of the original assessment order for that year either under sections 246 to 248 or under section
264, claim that the proceedings under section 147 shall be dropped on his showing that he had been
assessed on an amount or to a sum not lower than what he would be rightly liable for even if the income
alleged to have escaped assessment had been taken into account, or the assessment or computation had
been properly made:
Provided that in so doing he shall not be entitled to reopen matters concluded by an order
under section 154, 155, 260, 262, or 263.
Income Tax Act, 2025
Section 2: Ins. by Act 32 of 2003, s. 65 (w.e.f. 12003).
2. Ins. by Act 32 of 2003, s. 65 (w.e.f. 12003).
3. Section 153A renumbered as sub-section (1) thereof by Act 18 of 2008, s. 36 (w.e.f. 12003).
thereof by Act 18 of 2008, s. 36 (w.e.f. 12003).
Income Tax Act, 2025
Section 1: Ins. by Act 7 of 2017, s. 61 (w.e.f. 12017).
1. Ins. by Act 7 of 2017, s. 61 (w.e.f. 12017).
2. Section 153C renumbered as sub-section (1) thereof by Act 18 of 2005, s. 47 (w.e.f. 12003).
thereof by Act 18 of 2005, s. 47 (w.e.f. 12003).
Income Tax Act, 2025
Section 1: Subs. by Act 4 of 1988, s. 60, for sub-section (1) (w.e.f. 11989).
1. Subs. by Act 4 of 1988, s. 60, for sub-section (1) (w.e.f. 11989).
(w.e.f. 11989).
Income Tax Act, 2025
Section 7: Ins. by Act 29 of 1977, s. 39 and the Fifth Schedule (w.e.f. 101978).
7. Ins. by Act 29 of 1977, s. 39 and the Fifth Schedule (w.e.f. 101978).
8. The words “Deputy Commissioner (Appeals) or the” omitted by Act 21 of 1998, s. 65 (w.e.f. 11998). Earlier the
quoted words substituted by Act 4 of 1988, s. 2, for “Appellate Assistant Commissioner” (w.e.f. 11988).
or the” omitted by Act 21 of 1998, s. 65 (w.e.f. 11998). Earlier the
quoted words substituted by Act 4 of 1988, s. 2, for “Appellate Assistant Commissioner” (w.e.f. 11988).
Income Tax Act, 2025
Section 9: Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
9. Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
10. Omitted by Act 32 of 1994, s. 38 (w.e.f. 11994). Earlier the proviso inserted by Act 18 of 1992, s. 61 (w.e.f. 14
1992).
Income Tax Act, 2025
Section 3: Ins. by Act 20 of 2015, s. 38 (w.e.f. 12015).
3. Ins. by Act 20 of 2015, s. 38 (w.e.f. 12015).
4. Subs. by Act 18 of 1992, s. 62, for “Where in respect of any completed assessment of a partner in a firm” (w.e.f. 1
1993). Earlier the quoted words were restoredby Act 3 of 1989, s. 95 (w.e.f. 11989) and substituted by Act 4 of 1988,
s. 61 (w.e.f. 11989).
Income Tax Act, 2025
Section 6: Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
6. Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
7. Subs. by Act 67 of 1984, s. 30, for “from the date of the final order passed” (w.e.f. 11984).
Income Tax Act, 2025
Section 2: Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
2. Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
3. Subs. by Act 67 of 1984, s. 30, for “from the date of the final order passed” (w.e.f. 11984).
Income Tax Act, 2025
Section 4: Sub-section (3) omitted by Act 4 of 1988, s. 61 (w.e.f. 11989).
4. Sub-section (3) omitted by Act 4 of 1988, s. 61 (w.e.f. 11989).
5. Subs. by Act 11 of 1987, s. 74, for “sub-section (1) of section 74” (w.e.f. 11988).
omitted by Act 4 of 1988, s. 61 (w.e.f. 11989).
5. Subs. by Act 11 of 1987, s. 74, for “sub-section
of section 74” (w.e.f. 11988).
Income Tax Act, 2025
Section 6: Ins. by Act 20 of 1974, s. 13 (w.e.f. 11975).
6. Ins. by Act 20 of 1974, s. 13 (w.e.f. 11975).
7. Subs. by Act 67 of 1984, s. 30, for “from the date of the order passed” (w.e.f. 11984).
Income Tax Act, 2025
Section 1: Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
1. Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
2. Subs. by Act 46 of 1986, s. 32, for “Explanation to clause (vi) of sub-section (1) of section 32” (w.e.f. 11988).
of sub-section
of section 32” (w.e.f. 11988).
Income Tax Act, 2025
Section 2: Ins. by Act 25 of 1975, s. 24 (w.e.f. 11975).
2. Ins. by Act 25 of 1975, s. 24 (w.e.f. 11975).
3. Restored by Act 3 of 1989, s. 95 (w.e.f. 11989). Sub-section (5B) omitted by Act 4 of 1988, s. 61 (w.e.f. 11989)
which was earlier inserted by Act 44 of 1980, s. 26 (w.e.f. 11981).
omitted by Act 4 of 1988, s. 61 (w.e.f. 11989)
which was earlier inserted by Act 44 of 1980, s. 26 (w.e.f. 11981).
Income Tax Act, 2025
Section 4: Sub-section (6) omitted by Act 4 of 1988, s. 61 w.e.f. 11992.
4. Sub-section (6) omitted by Act 4 of 1988, s. 61 w.e.f. 11992.
omitted by Act 4 of 1988, s. 61 w.e.f. 11992.
Income Tax Act, 2025
Section 5: Subs. by Act 10 of 1965, s. 39, for “the super-tax” (w.e.f. 11965).
5. Subs. by Act 10 of 1965, s. 39, for “the super-tax” (w.e.f. 11965).
6. Subs. by Act 67 of 1984, s. 30, for “from the date of the final order passed” (w.e.f. 11984).
Income Tax Act, 2025
Section 7: Sub-section (7A) omitted by Act 4 of 1988, s. 61 (w.e.f. 11992).
7. Sub-section (7A) omitted by Act 4 of 1988, s. 61 (w.e.f. 11992).
omitted by Act 4 of 1988, s. 61 (w.e.f. 11992).
Income Tax Act, 2025
Section 2: Ins. by Act 29 of 1977, s. 23 (w.e.f. 11978).
2. Ins. by Act 29 of 1977, s. 23 (w.e.f. 11978).
3. Subs. by Act 11 of 1987, s. 74, for “capital asset, not being a short-term capital asset” (w.e.f. 11988).
Income Tax Act, 2025
Section 4: Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
4. Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
5. Subs. by Act 19 of 1978, s. 19, for “under the provisions of section 54E” (w.r.e.f. 11974).
6. Subs. by Act 67 of 1984, s. 30, for “reckoned from the date of the assessment” (w.e.f. 11984).
Income Tax Act, 2025
Section 7: Sub-section (10B) and (10C) omitted by Act 4 of 1988, s. 61 (w.e.f. 11992).
7. Sub-section (10B) and (10C) omitted by Act 4 of 1988, s. 61 (w.e.f. 11992).
8. Ins. by Act 49 of 1991, s. 48 (w.e.f. 11991). Sub-section (11) was omitted by Act 32 of 1985, s. 36 (w.e.f. 11986)
and sub-section (12) was omitted by Act 11 of 1987, s. 44 (w.e.f. 11988) which were earlier inserted by Act 20 of
1974, s. 13 (w.e.f. 11974).
and
omitted by Act 4 of 1988, s. 61 (w.e.f. 11992).
8. Ins. by Act 49 of 1991, s. 48 (w.e.f. 11991). Sub-section
was omitted by Act 32 of 1985, s. 36 (w.e.f. 11986)
and sub-section
was omitted by Act 11 of 1987, s. 44 (w.e.f. 11988) which were earlier inserted by Act 20 of
1974, s. 13 (w.e.f. 11974).
Income Tax Act, 2025
Section 2: Ins. by Act 20 of 2002, s. 62 (w.e.f. 12002).
2. Ins. by Act 20 of 2002, s. 62 (w.e.f. 12002).
3. Subs. by Act 21 of 2006, s. 39, for “credit for tax deducted in accordance with the provisions of section 199”
(w.e.f. 12007).
Income Tax Act, 2025
Section 4: Subs. by s. 39, ibid., for “section 203” (w.e.f. 12007).
4. Subs. by s. 39, ibid., for “section 203” (w.e.f. 12007).
5. Subs. by Act 21 of 2006, s. 39, for “income from which the tax has been deducted” (w.e.f. 12007).
Income Tax Act, 2025
Section 3: Subs. by Act 23 of 2012, s. 71, for the proviso (w.e.f. 12012).
3. Subs. by Act 23 of 2012, s. 71, for the proviso (w.e.f. 12012).
4. Subs. by Act 20 of 2015, s. 39, for “by the deductor under sub-section (1) of section 143 or sub-section (1) of section
200A” (w.e.f. 12015).
5. Subs. by Act 20 of 1974, s. 13, for “or sub-section (1) of section 74” (w.e.f. 11975).
6. Subs. by Act 11 of 1987, s. 74, for “sub-section (1) of section 74” (w.e.f. 11988).
7. Subs. by Act 18 of 1992, s. 63, for “Whenever a registered firm is assessed” (w.e.f. 11993).
of section 143 or sub-section
of section
200A” (w.e.f. 12015).
5. Subs. by Act 20 of 1974, s. 13, for “or sub-section
of section 74” (w.e.f. 11975).
6. Subs. by Act 11 of 1987, s. 74, for “sub-section
of section 74” (w.e.f. 11988).
7. Subs. by Act 18 of 1992, s. 63, for “Whenever a registered firm is assessed” (w.e.f. 11993).
Income Tax Act, 2025
Section 1: Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
1. Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
2. Subs. by Act 20 of 2002, s. 63, for “for a reference before the High Court under section 256 or the Supreme Court under
section 257 or in appeal before the Supreme Court under section 261” (w.e.f. 12002).
3. Subs. by Act 4 of 1988, s. 2, for “Appellate Assistant Commissioner” (w.e.f. 11988).
Income Tax Act, 2025
Section 158BC: Procedure for block assessment.—Where any search has been conducted under
158BC. Procedure for block assessment.—Where any search has been conducted under
section 132 or books of account, other documents or assets are requisitioned under section 132A, in the
case of any person, then,—
5[(a) the Assessing Officer shall—
(i) in respect of search initiated or books of account or other documents or any assets
requisitioned after the 30th day of June, 1995, but before the 1st day of January, 1997, serve a
notice to such person requiring him to furnish within such time not being less than fifteen days;
(ii) in respect of search initiated or books of account or other documents or any assets
requisitioned on or after the 1st day of January, 1997, serve a notice to such person requiring him
to furnish within such time not being less than fifteen days but not more than forty-five days,
the Assessing Officer shall—
in respect of search initiated or books of account or other documents or any assets
requisitioned after the 30th day of June, 1995, but before the 1st day of January, 1997, serve a
notice to such person requiring him to furnish within such time not being less than fifteen days;
in respect of search initiated or books of account or other documents or any assets
requisitioned on or after the 1st day of January, 1997, serve a notice to such person requiring him
to furnish within such time not being less than fifteen days but not more than forty-five days,