Clause 283 of Income Tax Bill 2025: Unlimited Notices for Assessment, Reassessment from Appeal Orders, Not Restricted by Time Limits.

Clause 283 of the Income Tax Bill, 2025, addresses the procedure for assessments related to orders on appeal or similar proceedings. It allows for notices under section 280 to be issued at any time for assessment, reassessment, or recomputation resulting from findings or directions by any authority, tribunal, or court, or from directions by the Approving Panel under section 274(6). However, this provision does not apply if the assessment pertains to a tax year where time limitations, as per other provisions, prevent such actions at the time the relevant order or reference was made.