India - Income Tax Act 2010 - Saarc

S. 268 I.T. ACT, 1961 1.870(7) Notwithstanding anything contained in sub-section (6), an order in revisionunder sub-section (6) may be passed at any time in consequence of or to giveeffect to any finding or direction contained in an order of the Appellate Tribunal,92[National Tax Tribunal,] the High Court or the Supreme Court.]Explanation 1.—An order by the Commissioner declining to interfere shall, forthe purposes of this section, be deemed not to be an order prejudicial to theassessee.Explanation 2.—For the purposes of this section, the 93 [Deputy Commissioner(Appeals)] shall be deemed to be an authority subordinate to the Commissioner.F.—GeneralTax to be paid notwithstanding reference, etc.265. Notwithstanding that a reference has been made to the High Court or theSupreme Court or an appeal has been preferred to the Supreme Court, taxshall be payable in accordance with the assessment made in the case.Execution for costs awarded by Supreme Court.266. The High Court may, on petition made for the execution of the order of theSupreme Court in respect of any costs awarded thereby, transmit the orderfor execution to any court subordinate to the High Court.94[Amendment of assessment on appeal.267. Where as a result of an appeal under section 246 95 [or section 246A] orsection 253, any change is made in the assessment of a body of individualsor an association of persons or a new assessment of a body of individuals or anassociation of persons is ordered to be made, the 96 [* * *] Commissioner (Appeals)or the Appellate Tribunal, as the case may be, shall pass an order authorising theAssessing Officer either to amend the assessment made on any member of thebody or association or make a fresh assessment on any member of the body orassociation.]Exclusion of time taken for copy 97 .268. In computing the period of limitation prescribed for an appeal 98 [or anapplication] under this Act, the day on which the order complained of wasserved and, if the assessee was not furnished with a copy of the order when the92. Shall be inserted by the National Tax Tribunal Act, 2005, with effect from a date yet to benotified.93. Substituted for “Appellate Assistant Commissioner” by the Direct Tax Laws (Amendment)Act, 1987, w.e.f. 1-4-1988.94. Substituted by the Finance Act, 1992, w.e.f. 1-4-1993. Prior to its substitution, section 267was amended by the Finance (No. 2) Act, 1977, w.e.f. 10-7-1978, the Direct Tax Laws(Amendment) Act, 1987, w.e.f. 1-4-1988/1-4-1989 and the Direct Tax Laws (Amendment)Act, 1989, w.e.f. 1-4-1989.95. Inserted by the Finance Act, 2000, w.e.f. 1-6-2000.96. Words “Deputy Commissioner (Appeals) or the” omitted by the Finance (No. 2) Act, 1998,w.e.f. 1-10-1998.97. See Circular No. 1, dated 24-4-1958. For details, see Taxmann’s Master Guide to IncometaxAct.98. Inserted by the Finance Act, 1990, w.e.f. 1-4-1990. Earlier these words were omitted by theDirect Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.