Sanction for issue of notice: senior tax authority approval required where longer time has elapsed before reopening assessments. Section 151 sets a time-based rule for which tier of authority may sanction notices to reopen assessments, requiring the specified authority to be ... Summary
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Sanction for issue of notice: senior tax authority approval required where longer time has elapsed before reopening assessments.
Section 151 sets a time-based rule for which tier of authority may sanction notices to reopen assessments, requiring the specified authority to be satisfied on reasons recorded by the assessing officer; the dividing period for authority determination is computed after accounting for limitation exclusions or extensions.
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