(i) the words "as the State Government may specify by notification" shall be omitted.
(ii) for the word, "five" the wQrd "four" shall be substituted.
In section 26 of the Principal Act.- in clause (a) of sub-section (4) for the figur~ "1.25" the figure" I" shall be suhstituted.
In section 27 of the Principal Act,--=-
(i) At the end of clause (a; of sub-seqion (2) the sentence "the return or returns furnished by such dealer for that year shall be ac1.:epted and his•assessment shall be deemed to have been made for the purpose of sub-section (I)" shall be inserted. . . .
(ii) Clause (b) of sub-section (2) shall he omitted.
(iii) In clause (c) of sub-section (2) for the words "clause (b)" the words "clause (a)" shall be substituted and the words "under clause (a)" shall be omi11ed.
In section 32 of the Principal Act.- in sub-section (8) for the words "eighteen" the words "twelve" shall be substituted.
In section 39 of the Principal Act,- in suh-section (5) for the word "one" the word "half" shall be substituied.
In section 61 of the Principal Act,- · for existing sub-section (6) the following sub-section shall be suhstit~ted-
(6) Subject to such pr<Kedure as may be prescribed and afier such furihcr inquiry as it. may think fit.
(a} the Appellate Deputy Commissioner shall dispose of every appeal within one cakndar year from the date of filing of such appeal. In disposing of such appeal. the Appellate Deputy Commissioner may conl_irm. reduce.
enhance or annul the assessment of tax or imposition of penalty or hoth but shall not remand the.case.
Notwithstanding anything contained in this clause. the appeals pending on the commen1.:emcnt of the Chhauisgarh Vanijyik Kar · (Sanshodhan) Adhyadesh. 2004 shall he disposed of by the Appellate Deputy Commissioner within one calendar year from the date of the commencement of the said Adhyadesh.
(b) the Tribunal may -
(i) confirni, reduce, enhance or annul the assessment of tax or imposiJion of penalty or hoth. or ( ii) set aside the assessment orthe imposition of penalty or both and direct the officer whose order of assessment or imposition of penalty has been appealed against to make a fresh assessment or re-impose penalty, after making such enquiry as it may direct; or
(iii) pass such order as it may deem fit.
618(3) Amendment of Set·· lion 9-A.
Amendment in Sl'C• liun2(,.
Ann•nchncnt or S1.•c lion 27.
Allll'lldmcnt of Sl'("• lion.U.
Amcndml'nl of Sc,· tion 39.
Amcnclmcnl of Sl'l"• lion 61.
I 618 (4) Amendment of sec tion 62.
Amendment of sec tion 71.