Part of: Section 155 — Other amendments
(c) on any order passed under sub -section ( 4) of section 245D on the application made by the firm, that any remuneration to any partner is not deductible under clause ( b) of section 40, the Assessing Officer may amend the order of assessment of the partner with a view to adjusting the income of the partner to the extent of the amount not so deductible ; and the provisions of section 154 shall , so far as may be, apply thereto, the period of four years specified in sub -section ( 7) of that section being reckoned from the end of the financial year in which the final order was passed in the case of the firm.]