Block Period definition clarifies assessment window and includes the interim period during searches or requisitions under search provisions. Block Period comprises the previous years relevant to the six assessment years preceding the previous year in which a search or requisition is initiated ... Summary
Block Period definition clarifies assessment window and includes the interim period during searches or requisitions under search provisions.
Block Period comprises the previous years relevant to the six assessment years preceding the previous year in which a search or requisition is initiated and additionally includes the period from 1 April of that previous year up to the date of execution of the last authorisation for the search or requisition, defining the temporal scope for special search-assessment proceedings.
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