TaxTMI 
TaxTMI 
Time limits for completion of assessment or reassessments
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....e expiry of - (i) twenty-one months from the end of the financial year in which the return is furnished; (ii) twenty-one months from the end of the financial year in which a notice under section 151 or section 152 was served, if no return is furnished; (b) any order of reassessment under section 166 after the expiry of twenty-one months from the end of the financial year - (i) in which t....
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....rom the end of the financial year in which the order is passed under that section; (e) any order of assessment, reassessment or recomputation in pursuance to the revival of any proceeding under this Code, after the expiry of twelve months from the end of the financial year in which the order of revival of the proceedings is received by the Commissioner. (2) The assessing officer shall, in a c....
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....on (1) and subsection (2), the following period or time shall not be included, namely:- (a) the period commencing the date on which the application for Advance Pricing Arrangement is filed by the assessee and ending with - (i) the date on which the order rejecteing the application is received by the Commissioiner; or (ii) the date on which the copy of the Advance Pricing Agreement, entered ....
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....e period commencing from the date on which an application is made before the Authority for Advance Rulings under sub-section (1) of section 152 and ending with the date on which the order rejecting the application is received by the Commissioner under sub-section (9) of that section; or (g) the period commencing from the date on which an application is made before the Authority for Advance Ruli....