Exclusion of stay period in limitation for tax revision clarified, fixing commencement on stay grant and end on receipt of vacating order. Clarifies exclusion from the limitation period for revision of orders prejudicial to revenue by defining the excluded interval as commencing on the date a court stay is granted and ending on the date a certified copy of the order vacating the stay is received by the jurisdictional Principal Commissioner or Commissioner, thereby fixing the procedural trigger for resumption of the limitation clock.
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Provisions expressly mentioned in the judgment/order text.
Exclusion of stay period in limitation for tax revision clarified, fixing commencement on stay grant and end on receipt of vacating order.
Clarifies exclusion from the limitation period for revision of orders prejudicial to revenue by defining the excluded interval as commencing on the date a court stay is granted and ending on the date a certified copy of the order vacating the stay is received by the jurisdictional Principal Commissioner or Commissioner, thereby fixing the procedural trigger for resumption of the limitation clock.
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