https://www.taxtmi.com/circulars?id=9990 Commissioners must draw up and enforce a time-bound programme to finalise all pending assessments reopened under section 146 or set aside under sections 146, 251, 254 and 263 for assessment year 1970-71 and earlier by 30.7.1973, require reasons for non-finalisation after that date, and take serious view of officer inaction except for unavoidable circumstances; the two-year statutory limitation in section 153(2A) applies from assessment year 1971-72 onwards. en-us Thu, 22 Feb 1973 00:00:00 +0530 Mon, 13 Jun 2011 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9990 Commissioners must draw up and enforce a time-bound programme to finalise all pending assessments reopened under section 146 or set aside under sections 146, 251, 254 and 263 for assessment year 1970-71 and earlier by 30.7.1973, require reasons for non-finalisation after that date, and take serious view of officer inaction except for unavoidable circumstances; the two-year statutory limitation in section 153(2A) applies from assessment year 1971-72 onwards. Circulars Income Tax Thu, 22 Feb 1973 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9990