TMI BlogTime limits for completion of assessment or reassessments.X X X X Extracts X X X X X X X X Extracts X X X X ..... nancial year in which the return was due; (b) any order of reassessment under section 159 after the expiry of a period of twenty-one months from the end of the financial year— (i) in which the last of the authorisations was executed in the case of a person where search and seizure was carried out under section 135 or the material was obtained in pursuance to a requisition u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at section; (e) any order of assessment, reassessment or recomputation in pursuance of the revival of any proceeding under this Code, after the expiry of a period of one year from the end of the financial year in which the order of revival of the proceedings is received by the Commissioner. (2) Notwithstanding anything a reference has been made to the Transfer Prices Officer under se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and (2), the following period or time shall not be included, namely:— (a) the period commencing from the date on which the application for Advance Pricing Agreement is filed by the assessee and ending with— (i) the date on which the order rejecting the application is received by the Commissioner; or (ii) the date on which the copy of the Advance Pricing Agreement, entered ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (f) the period commencing from the date on which an application is made before the Authority for Advance Rulings under sub-section (1) of section 258 and ending with the date on which the order rejecting the application, or the date on which the advance ruling pronounced by it, is received by the Commissioner under sub-section (9) or, as the case may be, sub-section (13) of that section; ..... X X X X Extracts X X X X X X X X Extracts X X X X
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