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of <h1>Clause 288 limits tax authority to amend completed assessments to listed triggers with four-year limits and three-month TP exception</h1> Clause 288 authorises the tax authority to amend completed assessments only in specified circumstances (reassessments, recomputations, valuation revisions, patent revocation, foreign tax settlements, TDS allocation, transfer-pricing determinations), with limitation periods tied to concrete triggering events-generally four years reckoned from end of the (financial) year in which the triggering order occurs. Transfer-pricing recomputations have a separate three-month window and are excepted from the four-year bar. Material differences between the introduced Bill and the enacted Act include subsection cross-references (notably a change in the cited subclause of section 35), 'year' versus 'financial year' wording and repositioning of the TP provision, affecting timing and interpretive clarity.
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