Finance Act,1990 Section 39 - Bare Act |
| State | Central Government |
| Year | 1990 |
| Section Title | Amendment of Section 151 |
In section 151 of the Income-tax Act, in sub-section (1), for the words "except by an Assessing Officer of the rank of Assistant Commissioner or Deputy Commissioner", the words "by an Assessing Officer, who is below the rank of Assistant Commissioner, unless the Deputy Commissioner is satisfied on the reasons recorded by such Assessing Officer that it is a fit case for the issue of such notice" shall be substituted.