Provision for cases where assessment is in pursuance of an appeal [ Section 150 ]

Limitation extension for tax assessments: appeals or court orders can permit assessment beyond the usual three year bar.

Section 150(1) allows issuance of notice under section 148 for assessment, reassessment or recomputation despite the three year limitation in section 149(1) when such action is consequential to or to give effect to findings or directions in an appellate, reference, revision order or a court order. Section 150(2) limits this relaxation where another provision then prevented making the assessment for the relevant year at the time the impugned order was passed; that limitation applies only to appeals, references or revisions and not to court orders under any law.