What is the Authority competent to make the block assessment? What is Application of other provisions of this Act? What is the Chapter not to apply after certain date? Section 158BG, 158BH and 158BI of Income Tax Act 1961

Authority competent to make the block assessment, Application of other provisions of this Act and Chapter not to apply after certain date are defined under section 158BG, 158BH and 158BI of Income Tax Act 1961. Provisions under these Sections are :

Section 158BG of Income Tax Act "Authority competent to make the block assessment"

Section 158BG. The order of assessment for the block period shall be passed by an Assessing Officer not below the rank of an Assistant Commissioner or Deputy Commissioner or an Assistant Director or Deputy Director, as the case may be :
Provided that no such order shall be passed without the previous approval of-

(a) the 33[Principal Commissioner or] Commissioner or 33[Principal Director or] Director, as the case may be, in respect of search initiated under section 132 or books of account, other documents or any assets requisitioned under section 132A, after the 30th day of June, 1995 but before the 1st day of January, 1997;
(b) the Joint Commissioner or the Joint Director, as the case may be, in respect of search initiated under section 132 or books of account, other documents or any assets requisitioned under section 132A, on or after the 1st day of January, 1997.

 

Section 158BH of Income Tax Act "Application of other provisions of this Act"

Section 158BH. Save as otherwise provided in this Chapter, all other pro-visions of this Act shall apply to assessment made under this Chapter.

Section 158BI of Income Tax Act "Chapter not to apply after certain date"

Section 158BI. The provisions of this Chapter shall not apply where a search is initiated under section 132, or books of account, other documents or any assets are requisitioned under section 132A after the 31st day of May, 2003.

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