Extension of limitation period for Transfer Pricing Officer to minimum sixty days where remaining period is shorter. Where the circumstances in clause (ii) or clause (viii) of Explanation (1) to section 153 apply and the remaining period of limitation available to the Transfer Pricing Officer for making an order is less than sixty days, that remaining period shall be extended to sixty days and deemed to have been extended accordingly.
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.
Extension of limitation period for Transfer Pricing Officer to minimum sixty days where remaining period is shorter.
Where the circumstances in clause (ii) or clause (viii) of Explanation (1) to section 153 apply and the remaining period of limitation available to the Transfer Pricing Officer for making an order is less than sixty days, that remaining period shall be extended to sixty days and deemed to have been extended accordingly.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.