Insertion of new section 16A

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....ment shall be made under section 15 at any time after the expiration of a period of- (a) four years commencing on and from the 1st day of April, 1975 or one year from the date of the filing of a return or a revised return under section 14, whichever is later, where the assessment year is an assessment year commencing before that date; (b) four years from the end of the assessment....

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....he expiration of a period of four years from the end of the assessment year in which the said notice was served; (c) where the assessment or re-assessment is to be made in a case falling within clause (b) of sub-section (2) of section 16 for which a notice has been served under that sub-section on or after the 1st day of April, 1975, after the expiration of a period of- (i) four ....

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....t or re-assessment made on the assessee in consequence of, or to give effect to, any finding or direction contained in an order under section 22, section 23, section 24, section 26 or section 28 or in an order of any court in a proceeding otherwise than by way of appeal or reference under this Act and such assessment or re-assessment may, subject to the provisions of sub-section (3), be completed ....