https://www.taxtmi.com/news?id=20379 Reopening assessments beyond six years is allowed under section 149(1)(c) for income from assets or financial interests located outside India, permitting reopening up to sixteen years, and where tangible evidence discovered in a search reveals escaped income exceeding a statutory threshold, enabling assessment for years after the sixth within a limited subsequent window; the latter applies to searches or requisitions initiated on or after April 2017. en-us Sat, 04 Aug 2018 12:20:21 +0530 Sat, 04 Aug 2018 12:20:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20379 Reopening assessments beyond six years is allowed under section 149(1)(c) for income from assets or financial interests located outside India, permitting reopening up to sixteen years, and where tangible evidence discovered in a search reveals escaped income exceeding a statutory threshold, enabling assessment for years after the sixth within a limited subsequent window; the latter applies to searches or requisitions initiated on or after April 2017. News - Sat, 04 Aug 2018 12:20:21 +0530 https://www.taxtmi.com/news?id=20379