Section 371 — Amendment of assessment on appeal

Old Act equivalent: Section 167 (proviso) of IT Act 1961 Sub-part: A.5—General

Statutory Text

If as a result of an appeal under section 356 or 357 or 362, any change is made in the assessment of a body of individuals or an association of persons, or a new assessment is directed in such cases, the Joint Commissioner (Appeals) or the Commissioner (Appeals) or the Appellate Tribunal, shall pass an order authorising the Assessing Officer either to amend the assessment made on any member of the body or association or to make a fresh assessment on such member. Exclusion of time taken for copy.

None.

None.

None.

Applies to: Bodies of individuals or associations of persons where assessment changes on appeal.
Conditions: Where appeal results in change or new assessment of body/AOP, appellate authority passes order authorising AO to amend or make fresh assessment on any member.
Time limits: None specified.
Monetary limits: None.
Exceptions: None.