Spread over of income beyond 8 years.
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....s desired that the commissioner's should ensure that their proposals for references/appeals to high courts/ supreme court should reach the board as per the following time schedule- a)Reference applications u/s. 4 weeks before the expiry of the 256(1) or u/s.256(2) limitation period b)Applications for leave to 6 weeks before expiry of the period of supreme court and special limitation leav....
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.... go for expiry of the time-limit; in 3 cases the time limits were not indicated and had to be ascertained by further correspondence. Only in 33 cases the reports were received with more than a fortnights time left for processing in the boards office; this number would be reduced substantially if the fortnights time margin were substituted by 4 weeks as laid down in the boards above noted circular ....
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