https://www.taxtmi.com/acts?id=10947 Time limits confine the Assessing Officer's authority to make assessments and reassessments to prescribed periods measured from the end of the relevant financial year, with primary limitation periods of twenty-one months or twelve months for specified orders; international transaction cases are subject to the later of the primary period or a short period after receipt of the transfer pricing report. Specified periods are excluded when computing limitation-such as pending Advance Pricing Arrangement or Advance Ruling proceedings, audit directions, re-hearing intervals, and judicial stays-and the officer must have at least a minimum sixty days to complete proceedings after exclusions. en-us Thu, 20 Aug 2009 13:20:38 +0530 Thu, 20 Aug 2009 13:20:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10947 Time limits confine the Assessing Officer's authority to make assessments and reassessments to prescribed periods measured from the end of the relevant financial year, with primary limitation periods of twenty-one months or twelve months for specified orders; international transaction cases are subject to the later of the primary period or a short period after receipt of the transfer pricing report. Specified periods are excluded when computing limitation-such as pending Advance Pricing Arrangement or Advance Ruling proceedings, audit directions, re-hearing intervals, and judicial stays-and the officer must have at least a minimum sixty days to complete proceedings after exclusions. Act-Rules Bills Thu, 20 Aug 2009 13:20:38 +0530 https://www.taxtmi.com/acts?id=10947