https://www.taxtmi.com/article/detailed?id=1649 Assessment time limits are extended for completion and for cases referred to transfer pricing, with similar short term extensions for reassessment, fresh assessment and assessments after search. The exclusion period for requests to foreign tax authorities under DTAAs is increased to one year. Reopening and reassessment windows are lengthened for taxpayers acting as agents of non residents and for income escaping assessment due to assets or financial interests located outside India; parallel Wealth tax amendments are proposed. Revenue need not process returns or grant refunds where a scrutiny assessment has been initiated. en-us Mon, 19 Mar 2012 11:19:27 +0530 Mon, 19 Mar 2012 11:19:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1649 Assessment time limits are extended for completion and for cases referred to transfer pricing, with similar short term extensions for reassessment, fresh assessment and assessments after search. The exclusion period for requests to foreign tax authorities under DTAAs is increased to one year. Reopening and reassessment windows are lengthened for taxpayers acting as agents of non residents and for income escaping assessment due to assets or financial interests located outside India; parallel Wealth tax amendments are proposed. Revenue need not process returns or grant refunds where a scrutiny assessment has been initiated. Articles Income Tax Mon, 19 Mar 2012 11:19:27 +0530 https://www.taxtmi.com/article/detailed?id=1649