Section 268 of Income Tax Act for AY 2023-24

Section 268 of Income Tax Act 1961 as amended by the Finance Act 2022 and Income-tax Rules, 1962. Exclusion of time taken for copy.

Amended and updated notes on section 268 of Income Tax Act 1961 as amended by the Finance Act 2022 and Income-tax Rules, 1962. Detail discussion on provisions and rules related to Exclusion of time taken for copy.

Chapter XX (Sections 246 to 269) of the Income Tax Act 1961 deals with the provisions related to appeals and revision . Section 268 of IT Act 1961 provides for Exclusion of time taken for copy.

Recently, we have discussed in detail section 267 (Amendment of assessment on appeal) of IT Act 1961. Today, we learn the provisions of section 268 of Income-tax Act 1961. The amended provision of section 268 is effective for financial year 2022-23 relevant to the assessment year 2023-24.

In this article, you will learn detail of the provisions of section 268 of the Income Tax Act, 1961 Bare Act read with the Income-tax Rules, 1962 as provided by Ministry of Law and Justice, Government of India.

Section-268: Exclusion of time taken for copy

In computing the period of limitation prescribed for an appeal or an application under this Act, the day on which the order complained of was served and, if the assessee was not furnished with a copy of the order when the notice of the order was served upon him, the time requisite for obtaining a copy of such order, shall be excluded.


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