Extension of assessment periods: Commissioner may extend statutory timelines for sufficient cause within prescribed additional limits. The amendment permits the Commissioner, on sufficient cause being shown, to extend the statutory periods described as one year and three years by additional periods not exceeding one year and two years respectively, thereby creating a discretionary power to lengthen those time-limits within defined maximum extensions.
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 assessment periods: Commissioner may extend statutory timelines for sufficient cause within prescribed additional limits.
The amendment permits the Commissioner, on sufficient cause being shown, to extend the statutory periods described as one year and three years by additional periods not exceeding one year and two years respectively, thereby creating a discretionary power to lengthen those time-limits within defined maximum extensions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.