Fresh assessment time limit: orders after cancellation may be made within two years from the financial year-end of the cancelling order. For assessment years commencing on or after the specified date, a fresh assessment order made after an assessment is set aside or cancelled may be made within two years from the end of the financial year in which the cancelling or setting-aside order is passed or received by the relevant income-tax authority; the related provision qualifying which assessments and recomputations may be made is amended to be subject to this time-limit.
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.
Fresh assessment time limit: orders after cancellation may be made within two years from the financial year-end of the cancelling order.
For assessment years commencing on or after the specified date, a fresh assessment order made after an assessment is set aside or cancelled may be made within two years from the end of the financial year in which the cancelling or setting-aside order is passed or received by the relevant income-tax authority; the related provision qualifying which assessments and recomputations may be made is amended to be subject to this time-limit.
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