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    <description>The provision prescribes statutory time limits for completing assessment, reassessment and recomputation proceedings for specified classes of cases, calculated from defined triggering dates in a Table. It mandates exclusion of specified periods from computation (including re hearings, stays, references to valuation or transfer pricing authorities, audit or inventory valuation directions, Advance Ruling processes, exchange of information, searches and requisitions), provides fixed extensions for transfer pricing references and other specified events, and requires extension to set minimum remaining periods where exclusions would otherwise leave insufficient time.</description>
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