Information exchange period suspension pauses procedural time limits pending requested international tax information receipt or six month cap. Amendment adds clause (viii) to the Explanation to section 153B, providing that the period from the date a competent authority makes a reference for exchange of information under an agreement referred to in section 90 or 90A until the Commissioner receives the requested information, or a period of six months, whichever is less, shall be excluded from prescribed time limits.
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Provisions expressly mentioned in the judgment/order text.
Information exchange period suspension pauses procedural time limits pending requested international tax information receipt or six month cap.
Amendment adds clause (viii) to the Explanation to section 153B, providing that the period from the date a competent authority makes a reference for exchange of information under an agreement referred to in section 90 or 90A until the Commissioner receives the requested information, or a period of six months, whichever is less, shall be excluded from prescribed time limits.
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