Limitation period exclusion: specified re hearing, immunity and court stay intervals are excluded from tax limitation computation. The substituted Explanation to section 275 directs that, for computing the limitation period, the time taken for a re hearing under the proviso to section ... Summary
Limitation period exclusion: specified re hearing, immunity and court stay intervals are excluded from tax limitation computation.
The substituted Explanation to section 275 directs that, for computing the limitation period, the time taken for a re hearing under the proviso to section 129, any period of immunity under section 245H, and any period during which penalty proceedings under the Chapter are stayed by a court order or injunction shall be excluded.
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