https://www.taxtmi.com/acts?id=40517 Amendments to section 153 revise limitation rules: updated returns permit assessment orders within nine months from the end of the financial year of filing; transfer pricing orders are assimilated into fresh assessment and modification procedures, obliging Assessing Officers to conform to Transfer Pricing Officer orders within a two month specified period; Explanation 1 exclusions are adjusted to add a capped search/requisition custody exclusion and a reference-to-review exclusion. en-us Tue, 01 Feb 2022 15:54:09 +0530 Tue, 01 Feb 2022 16:06:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40517 Amendments to section 153 revise limitation rules: updated returns permit assessment orders within nine months from the end of the financial year of filing; transfer pricing orders are assimilated into fresh assessment and modification procedures, obliging Assessing Officers to conform to Transfer Pricing Officer orders within a two month specified period; Explanation 1 exclusions are adjusted to add a capped search/requisition custody exclusion and a reference-to-review exclusion. Act-Rules Bills Tue, 01 Feb 2022 15:54:09 +0530 https://www.taxtmi.com/acts?id=40517