# The Finance Act, 1995, Section 44: Amendment of section 245D

- Act: The Finance Act, 1995 (Act 22 of 1995)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1995/section/44/

## Text

Amendment of section 245D. 44. In section 245D of the Income-tax Act, in sub-section (1), for the second proviso, that following proviso shall, be substituted with effect from the 1st day of July, 1995, namely:— "Provided further that the Commissioner shall furnish the report within a period of forty-five days of the receipt of communication from the Settlement Commission in case of all applications made under section 245C on or after the 1st day of July, 1995 and if the Commissioner fails to furnish the report within the said period, the Settlement Commission may make the order without such report.". [Finance Act, 1995] © Copyright. Taxmann Publications Pvt. Ltd.

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