Time Limit for issue of notice under Rule 10UB [ Rule 10UC ] - Income Tax - Ready Reckoner - Income Tax

Time Limit for issue of notice under Rule 10UB [ Rule 10UC ] For the purposes of section 144BA , (i) no directions under section 144BA(3) shall be issued by the Commissioner after the expiry of one month from the end of the month in which the date of compliance of the notice issued under section 144BA(2) falls; (ii) no reference shall be made by the Commissioner to the Approving Panel under section 144BA(4) after the expiry of two months from the end of the month in which the final submission of the assessee in response to the notice issued under the section 144BA(2) is received; (iii) the Commissioner shall issue directions to the assessing officer in Form No.3CEH , - (a) in the case referred to in clause (i) of rule 10UB(4) , within a period of one month from the end of month in which the reference is received by him; and (b) in the case referred to in clause (ii) of rule 10UB(4) , within a period of two months from the end of month in which the final submission of the assessee in response to the notice issued under section 144BA(2) is received by him.