Time limits for assessment extended where exclusions apply, including advance ruling, search/requisition, audit, and settlement processes. Assessment limitation periods under sections 153 and 153B are subject to exclusions for stays, reopenings, audit directions, Settlement Commission and Authority for Advance Rulings proceedings, and search/requisition linked assessments; where exclusions leave less than sixty days of limitation, the period is extended to sixty days. Section 153B prescribes specific limitation windows for assessments after searches or requisitions and for related 'other persons.' Chapter XIX B creates the Authority for Advance Rulings with specified membership, powers equivalent to certain civil court powers, procedural autonomy, and protection against invalidation for vacancies.
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.
Time limits for assessment extended where exclusions apply, including advance ruling, search/requisition, audit, and settlement processes.
Assessment limitation periods under sections 153 and 153B are subject to exclusions for stays, reopenings, audit directions, Settlement Commission and Authority for Advance Rulings proceedings, and search/requisition linked assessments; where exclusions leave less than sixty days of limitation, the period is extended to sixty days. Section 153B prescribes specific limitation windows for assessments after searches or requisitions and for related "other persons." Chapter XIX B creates the Authority for Advance Rulings with specified membership, powers equivalent to certain civil court powers, procedural autonomy, and protection against invalidation for vacancies.
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