153D Income Tax Act - Prior approval necessary for assessment in cases of search or requisition

Section 153D of Income Tax Act 1961 - Prior approval necessary for assessment in cases of search or requisition

1No order of assessment or reassessment shall be passed by an Assessing Officer below the rank of Joint Commissioner in respect of each assessment year referred to in clause (b) of 2 sub-section (1) of section 153A or the assessment year referred to in clause (b) of sub-section (1) of section 153B, except with the prior approval of the Joint Commissioner:

3 Provided that nothing contained in this section shall apply where the assessment or reassessment order, as the case may be, is required to be passed by the Assessing Officer with the prior approval of the 4 Principal Commissioner or Commissioner under sub-section (12)of section 144BA.
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1. Ins. by Act 22 of 2007, s. 50 (w.e.f. 1-6-2007).
2. Subs. by Act 18 of 2008, s. 39, for "section 153A" (w.e.f. 1-6-2007).
3. Ins. by Act 17 of 2013, s. 43 (w.e.f. 1-4-2016).
4. Subs. by Act 25 of 2014, s. 4, for "Commissioner" (w.e.f. 1-6-2013).