Limitation period computation clarified to include exclusions or extensions under provisos to section 149, adjusting assessment timelines. Amendment to section 151 deletes the phrase concerning the absence of a Principal Chief Commissioner or Principal Director General in clause (ii) and ... Summary
Limitation period computation clarified to include exclusions or extensions under provisos to section 149, adjusting assessment timelines.
Amendment to section 151 deletes the phrase concerning the absence of a Principal Chief Commissioner or Principal Director General in clause (ii) and inserts a proviso that the period of three years for clause (i) shall be computed after taking into account periods of limitation excluded or extended by the provisos to sub-section (1) of section 149.
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