Section 14:
Other amendments.
Where as a result of any order made under 2[sections 154, 155, 250, 254,
260, 262, 263 or 264] of the Income-tax Act, it is necessary to recompute the chargeable profits
determined in ay assessment under this Act, the 1[Assessing Officer] may proceed to recompute the
chargeable profits, and determine the surtax payable or refundable on the basis of such recomputation and
make the necessary amendment and the provisions of section 13 shall, so far as may be, apply thereto, the
period of four years specified in sub-section (1) of that section being reckoned 3[from the end of the
financial year in which the order under the aforesaid sections of the Income-tax Act was passed].
Notes:
1. Subs. by Act 4 of 1988, s. 187, for "Income-tax Officer" (w.e.f. 1-4-1988).
2. Subs. by Act 42 of 1970, s. 73, for "section 154 or section 155" (w.e.f. 1-4-1971).
3. Subs. by Act 67 of 1984, s. 79, for "from the date of the order passed under the aforesaid sections of the Income-tax Act"
(w.e.f. 1-10-1984).