Limitation period suspension during valuation officer reference until the valuation report is received for assessment proceedings. The amendment adds an explanatory clause clarifying that the excluded period for computing time limits starts when the Assessing Officer refers a matter ... Summary
Limitation period suspension during valuation officer reference until the valuation report is received for assessment proceedings.
The amendment adds an explanatory clause clarifying that the excluded period for computing time limits starts when the Assessing Officer refers a matter to the Valuation Officer and ends when the Assessing Officer receives the Valuation Officer's report, thereby suspending the limitation period during the valuation reference.
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