What is the time limit for making the assessment under section 147 i.e. income escaping assessment?

What is the time limit for making the assessment under section 147 i.e. income escaping assessment? https://www.taxtmi.com/manuals?id=4190 Time limit for assessment under section 147 is governed by section 153: if a section 148 notice was served before 01-04-2019 the assessment period is nine months from the end of that financial year; if the notice was served on or after 01-04-2019 the period is twelve months from the end of the relevant financial year. A reference to the Transfer Pricing Officer extends the assessment period by twelve months. en-us Mon, 25 Dec 2023 18:46:00 +0530 Fri, 05 Jan 2024 10:52:00 +0530 TaxTMI RSS Generator What is the time limit for making the assessment under section 147 i.e. income escaping assessment? https://www.taxtmi.com/manuals?id=4190 Time limit for assessment under section 147 is governed by section 153: if a section 148 notice was served before 01-04-2019 the assessment period is nine months from the end of that financial year; if the notice was served on or after 01-04-2019 the period is twelve months from the end of the relevant financial year. A reference to the Transfer Pricing Officer extends the assessment period by twelve months. Manuals Income Tax Mon, 25 Dec 2023 18:46:00 +0530 https://www.taxtmi.com/manuals?id=4190