Computation of Period of Limitation - International Taxation - Income Tax

Computation of Period of Limitation In computing period of limitation, following time period shall be excluded: (1) The period commencing from the date on which an application is made before the Authority for Advance Rulings or before the Board for Advance Rulings under of section 245Q(1) and ending with the date on which the order rejecting the application is received by the Principal Commissioner or Commissioner under of section 245R(3). [ Section 153(9)(viii) ] (2) The period commencing from the date on which an application is made before the Authority for Advance Rulings or before the Board for Advance Rulings under of section 245Q(1) and ending with the date on which the advance ruling pronounced by it is received by the Principal Commissioner or Commissioner under of section 245R(7). [ Section 153(9)(ix) ]