Limitation period extended to fourteen previous years, replacing nine, for assessments under section 54. Section 54 of the Finance (No. 2) Act, 1971 is amended by substituting the words "nine previous years" with the words "fourteen previous years", thereby ... Summary
Limitation period extended to fourteen previous years, replacing nine, for assessments under section 54.
Section 54 of the Finance (No. 2) Act, 1971 is amended by substituting the words "nine previous years" with the words "fourteen previous years", thereby expanding the statutory temporal scope for assessments or enquiries under that provision.
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