Insertion of new section 10A

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..... hall be made under section 8 at any time after the expiry of two years from the end of the assessment year in which the interest was first assessable. (2) No order of assessment or reassessment shall be made under section 10 after the expiry of two years from the end of the financial year in which the notice under that section was served. (3) Notwithstanding anything contained in sub-sections .....

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..... on 21 of this Act 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 reassessment may, subject to the provisions of sub-section (3), be completed at any time. Explanation 1.-- In computing the period of limitation for the purposes of this section-- (i) the time taken in reopening the whole or any part of the proceeding .....

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