Exchange of information requests excluded from limitation period, pausing assessment time until information is received or capped period ends. The Explanation to section 153B is amended to add a clause excluding from the limitation period for completion of assessments under section 153A the period from the date a competent authority under a tax treaty requests exchange of information until the information is received by the Commissioner or until a capped period expires, whichever is earlier.
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.
Exchange of information requests excluded from limitation period, pausing assessment time until information is received or capped period ends.
The Explanation to section 153B is amended to add a clause excluding from the limitation period for completion of assessments under section 153A the period from the date a competent authority under a tax treaty requests exchange of information until the information is received by the Commissioner or until a capped period expires, whichever is earlier.
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