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Finance Act 2008 Section 50

Title: Amendment of Section 254

State: Central

Year: 2008

In section 254 of the Income-tax Act, in sub-section (2A), for the third proviso, the following proviso shall be substituted with effect from the 1st day of October, 2008, namely:-- Provided also that if such appeal is not so disposed of within the period allowed under the first proviso or the period or periods extended or allowed under the second proviso, which shall not, in any case, exceed three hundred and sixty-five days, the order of stay shall stand vacated after the expiry of such period or periods, even if the delay in disposing of the appeal is not attributable to the assessee..

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Finance (No. 2) Act, 1998 Section 53

Title: Amendment of Section 254

State: Central

Year: 1998

In section 254 of the Income-tax Act, in sub-section (2), after the first proviso, the following proviso shall be inserted with effect from the 1st day of October, 1998, namely:-- "Provided further that any application filed by the assessee in this sub-section on or after the 1st day of October, 1998, shall be accompanied by a fee of fifty rupees".

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Finance Act 2001 Section 84

Title: Amendment of Section 254

State: Central

Year: 2001

In section 254 of the Income-tax Act, in sub-section (2A), the following provisos shall be inserted with effect from the 1st day of June, 2001, namely :- "Provided that where an order of stay is made in any proceedings relating to an appeal filed under sub-section (1) of section 253, the Appellate Tribunal shall dispose of the appeal within a period of one hundred and eighty days from the date of such order : Provided further that if such appeal is not so disposed of within the period specified in the first proviso, the stay order shall stand vacated after the expiry of the said period.".

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Finance Act, 2000 Section 68

Title: Amendment of Section 254

State: Central

Year: 2000

In section 254 of the Income-tax Act, in sub-section (2A), after the words, brackets and figure "under sub- section (1)", the words, brackets and figure "or sub-section (2)" shall be inserted with effect from the 1st day of June, 2000.

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Finance Act 2007 Section 75

Title: Amendment of Section 254

State: Central

Year: 2007

In section 254 of the Income-tax Act, in sub-section (2A), for the provisos, the following provisos shall be substituted with effect from the 1st day of June, 2007, namely:-- "Provided that the Appellate Tribunal may, after considering the merits of the application made by the assessee, pass an order of stay in any proceedings relating to an appeal filed under sub-section (1) of section 253, for a period not exceeding one hundred and eighty days from the date of such order and the Appellate Tribunal shall dispose of the appeal within the said period of stay specified in that order: Provided further that where such appeal is not so disposed of within the said period of stay as specified in the order of stay, the Appellate Tribunal may, on an application made in this behalf by the assessee and on being satisfied that the delay in disposing of the appeal is not attributable to the assessee, extend the period of stay, or pass an order of stay for a further period or periods as it thinks fit; so, however, that the aggregate of the period originally allowed and the period or periods so extended or allowed shall not, in any case, exceed three hundred and sixty-five days and the.....

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Finance Act, 2012, (Central) Section 91

Title: Amendment of Section 254

State: Central

Year: 2012

In section 254 of the Income-tax Act, in sub-section (2A), after the words, brackets and figures "under sub-section (1) or sub-section (2)", the words, brackets, figure and letter "or sub-section (2A)" shall be inserted with effect from the 1st day of July, 2012.

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Finance Act 1999 Section 86

Title: Amendment of Section 254

State: Central

Year: 1999

In section 254 of the Income-tax Act, with effect from the 1st day of June, 1999, - (a) after sub-section (2), the following sub-sections shall be inserted, namely :- "(2A) In every appeal, the Appellate Tribunal, where it is possible, may hear and decide such appeal within a period of four years from the end of the financial year in which such appeal is filed under sub-section (1) of section 253. (2B) The cost of any appeal to the Appellate Tribunal shall be at the discretion of that Tribunal. "; (b) in sub-section (4), for the word and figures "section 256", the words, figures and letter "section 256 or section 260A" shall be substituted.

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Finance Act 2001 Section 64

Title: Amendment of Section 153

State: Central

Year: 2001

.....Notwithstanding anything contained in sub-sections (1) and (2), in relation to the assessment year commencing on the 1st day of April, 1971, and any subsequent assessment year, an order of fresh assessment in pursuance of an order under section 250, section 254, section 263 or section 264, setting aside or canceling an assessment, may be made at any time before the expiry of one year from the end of the financial year in which the order under section 250 or section 254 is received by the Chief Commissioner or Commissioner or, as the case may be, the order under section 263 or section 264 is passed by the Chief Commissioner or Commissioner : Provided that where the order under section 250 or section 254 is received by the Chief Commissioner or Commissioner or, as the case may be, the order under section 263 or section 264 is passed by the Chief Commissioner or Commissioner, on or after the 1st day of April, 1999 but before the 1st day of April, 2000, such an order of fresh assessment maybe made at any time up to the 31st day of March, 2002." ; (c) in sub-section (3), clause (i) shall be omitted,

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Finance (No. 2) Act, 1998 Section 55

Title: Amendment of Section 256

State: Central

Year: 1998

In section 256 of the Income-tax Act, in sub-section (1), for the words and figures "an order under section 254", the words, letters and figures "an order passed before the 1st day of October, 1998, under section 254" shall be substituted wit effect from the 1st day of October, 1998.

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Finance (No. 2) Act, 1998 Section 59

Title: Amendment of Section 261

State: Central

Year: 1998

In section 261 of the Income-tax Act, for the words and figures "delivered on a reference made under section 256", the words, figures and letters "delivered on a reference made under section 256 against an order made under section 254 before the 1st day of October, 1998 or an appeal made to High Court n respect of an order passed under section 254 on or after that date" shall be substituted with effect from the 1st day of October, 1998.

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