Limitation for penalty: orders time-barred after prescribed periods; revisions permitted following revised assessments and appellate orders. No penalty order may be passed after one year from the end of the financial year in which the notice under section 233 is issued. Penalty orders may be revised or revived based on revised assessments following appellate or revisional orders, but such revising orders must be made within six months from the end of the month in which the appellate or revisional order is received or passed. Excluded from the limitation computation are time for a fresh hearing under section 133, periods of immunity under section 283, and periods of court stay.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Limitation for penalty: orders time-barred after prescribed periods; revisions permitted following revised assessments and appellate orders.
No penalty order may be passed after one year from the end of the financial year in which the notice under section 233 is issued. Penalty orders may be revised or revived based on revised assessments following appellate or revisional orders, but such revising orders must be made within six months from the end of the month in which the appellate or revisional order is received or passed. Excluded from the limitation computation are time for a fresh hearing under section 133, periods of immunity under section 283, and periods of court stay.
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