Limitation extension: short remaining assessment limitation periods are extended to meet a minimum statutory timeframe. Provision inserts a proviso to section 17A's Explanation extending the remaining period of limitation available to the Assessing Officer for making an order of assessment or reassessment to a statutory minimum where, after exclusion of a specified time, that remaining period is shorter; the remaining period is deemed 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.
Limitation extension: short remaining assessment limitation periods are extended to meet a minimum statutory timeframe.
Provision inserts a proviso to section 17A's Explanation extending the remaining period of limitation available to the Assessing Officer for making an order of assessment or reassessment to a statutory minimum where, after exclusion of a specified time, that remaining period is shorter; the remaining period is deemed extended accordingly.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.