https://www.taxtmi.com/manuals?id=1376 The statute sets fixed limitation periods for passing, revising or dropping penalty orders, triggered by completion of proceedings, receipt of appellate or revision orders, or issuance of penalty notice, with the later applicable cutoff controlling. Revision of penalty orders is permitted to give effect to assessments revised on appeal or revision, subject to the assessees' right to be heard and to exclusion of interruption periods (rehearing time, immunity periods, and court stays) when computing limitation. en-us Thu, 07 Jan 2016 16:29:00 +0530 Tue, 10 Jun 2025 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1376 The statute sets fixed limitation periods for passing, revising or dropping penalty orders, triggered by completion of proceedings, receipt of appellate or revision orders, or issuance of penalty notice, with the later applicable cutoff controlling. Revision of penalty orders is permitted to give effect to assessments revised on appeal or revision, subject to the assessees' right to be heard and to exclusion of interruption periods (rehearing time, immunity periods, and court stays) when computing limitation. Manuals Income Tax Thu, 07 Jan 2016 16:29:00 +0530 https://www.taxtmi.com/manuals?id=1376