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Pr o v id e d t ha t w h er e it is no t p os s ib le fo r t he As s es s i n g O ff ic e r 47 [ o r t h e Tr a ns f er Pr ic ing Of f ic er , as t he c as e m ay b e , ] t o g i v e eff ec t t o s uc h o rd er w it hin t he a f o re s ai d p er iod , f o r re a so ns be y o nd his c o nt r o l, th e P r inc ip a l C o m m i s s io ne r o r Co m m is s io ne r o n r ec e ip t o f s uc h r eq u es t i n w r it ing fr om t he As s es s ing O ff ic er 47 [ o r t h e Tr a ns fe r Pr ic ing O ff ic e r, a s t he c as e ma y b e ], if s at is fi ed , m a y a ll o w a n a dd it io nal p er iod of s ix m o nt hs t o g i v e eff ec t t o t he o rd er :

(8 ) N ot w it hs t a nd in g a n yt hi n g c o nt ai ned in t he f o r eg o in g pr ov is i ons of t his s ec t io n, s ub -s ec t io n ( 2 ) o f s ec t i on 1 5 3 A o r s ub -s e c t i o n (1 ) o f s ec t i o n 1 5 3 B , t h e o rd e r o f as s es s m e nt o r r eas s e ss m ent , re la t in g t o a ny as s es s me nt yea r , w hic h st an ds r ev i v ed u nd e r s ub - s ec t io n (2 ) of s ec t i on 15 3 A, s ha ll b e m ad e w it hin a p er iod o f o n e y ea r f ro m t h e e nd o f t he m o nt h o f suc h r ev i v a l or w it h in t he p e ri od s p ec if ied in t his se c t io n o r s ub - s ec t i on ( 1 ) of s ec t io n 1 5 3 B , w h ic h e v er is lat e r .

(a ) en d in g w i t h t h e las t d at e o n w hic h t he a s s es s ee i s r eq u ir ed to fu r nis h a r ep o rt of s uc h au d it 5 4 [ o r i nv ent o ry v a lu at io n ] und er t ha t s ub -s ec t ion ; o r (b ) w h er e s uc h d i re c t i o n is c ha ll e n ge d b ef or e a c o ur t, end in g w it h t he d a t e o n w hic h t h e o rd e r s et t in g as id e s uc h d i rec t io n is r ec e iv ed b y t h e P r in c ip a l C o m m is s io ner o r Co m m is s io n er ; o r (v ) t he p e r io d c om me nc in g fr om t he d at e on w h ic h th e As s es s in g O f f ic er ma k es a r ef e r enc e to t h e Va lua t io n O ff ic e r und er s ub -s ec t io n (1 ) of s ec t io n 14 2 A an d e nd i ng w it h t he da t e o n w hic h t he re p o rt of t h e Va lua t io n O ff ic e r is r ec e iv ed b y t he As s es s in g O ff ic er ; or (v i) t he p e ri od ( not e xc ee d in g s ixt y d ay s ) c o mm e nc ing f ro m t he da t e on w h ic h t he As s es s in g O ff ic e r r ec eiv e d t h e d ec la r at i o n Vijay Kumar Soni und er s ub -s ec t io n (1 ) of s ec t io n 15 8 A an d e nd i ng w it h t he da t e o n w hic h t he o rd e r und e r s ub -s ec t io n (3) o f t ha t s ec t i on is m ad e by h im ; or (v ii) in a c a s e w h er e a n a pp li c at ion m ad e bef o r e t h e I nc om e-t a x Set t l em ent Co m m is s io n is r ej e c t ed b y it o r i s no t a ll ow ed to b e pr oc e ed e d w it h by i t, t h e p er i od c om m e nc ing fr om t h e d at e o n w h ic h a n a pp lic at io n is m ad e b e fo re t he Set t l em e nt Co m m is s io n und er s ec t io n 24 5 C a nd en d in g w it h t h e d at e o n w h ic h t h e or d e r und er s ub -s ec t io n (1 ) of s ec t io n 2 45 D is r ec eiv ed by t he Pr i nc ip a l C o mm is s i o ne r o r C o mm is s io ner u nd er s ub -s ec t io n ( 2 ) o f t h at s e c t io n; o r (v iii ) the p e r io d c om me nc in g fr om t he d at e on w hic h an ap p lic a t io n is m a d e be fo re t h e Au t h o ri t y fo r A d va nc e R ulin gs 55 [ o r b e fo r e t h e Boa rd f o r Ad v an c e R ul i ngs ] u nd er s ub -s ec t io n (1 ) o f s ec t io n 2 4 5 Q and e n d ing w it h t he d at e o n w hic h t h e o r d e r r ej ec t i ng t he a p plic a t i on is r ec e iv ed by t he P r i nc ip a l C om m is s i one r o r C o m mi s s i o ne r u nd er s ub -s ec t i o n (3 ) of s e c tio n 245 R ; o r ( i x) t he p e r io d c om m e nc ing f r om t he date on w hi ch an ap p lic a t io n is m a d e be fo re t h e Au t h o ri t y fo r A d va nc e R ulin gs 56 [ o r b e fo r e t h e Boa rd f o r Ad v an c e R ul i ngs ] u nd er s ub -s ec t io n (1 ) of s ec t io n 2 4 5 Q a nd e nd i ng w it h the da t e on w hic h t h e ad v a nc e r ulin g p r on ou nc ed by i t is r ec e iv e d b y t he P r inc ip a l C om m is s i one r o r C o m mi s s i o ne r u nd er s ub -s ec t i o n (7 ) of s e c tio n 245 R ; o r (x ) t h e p er i od c om m enc i ng fr o m t he d at e on w h ic h a r ef er e nc e o r f ir s t o f t he r ef e re nc es fo r exc ha nge o f i nf o rm a t io n is m a d e by an a ut h or it y c om p et e nt und e r an a g re em e n t r ef e r r ed to in s ec t i on 9 0 o r s ec t io n 9 0 A and e nd i ng w it h t he da t e o n w h ic h t h e inf or m a t i o n req ue s ted is la s t r ec e i ved by t he P r inc ip a l C om m is s i one r or C om m is s io ne r or a p e ri od of one y ea r, w h ic hev er is l es s ; o r Vijay Kumar Soni (x i) t he p e r io d c o m me nc in g f r om t he d at e o n w hic h a r ef er en c e f or d ec la ra t io n of an a r r an g em e nt to be an im p e rm i s sib le av o id a nc e a r r a n gem e n t is r ec e iv ed by t he P r i nc ip a l C om m is s i one r o r C o m mi s s i o ne r u nd er s ub -s ec t i o n (1 ) of s e c tio n 144 BA a nd e nd ing o n t he d at e o n w hic h a d ir ec t i o n u nd e r s ub - s ec t i on (3 ) o r s u b -s ec t io n (6 ) o r a n o rd e r und e r s ub -s ec t io n (5 ) o f t h e s a id s e c t io n is r ec e iv ed b y t he 5 7 [ As s es s in g Of f ic er ; o r (x ii) t he p er iod (n ot exc e ed ing o n e h und r e d a nd eig ht y day s ) c om m e nc in g f r o m t h e da te o n w h ic h a s ea rc h is i nit ia t ed u nd e r s ec t i on 13 2 o r a re q u is i t io n is m ad e u nd e r s ec t i o n 13 2 A an d en d in g on t h e d a t e o n w hic h t h e b o ok s of a c co un t or ot he r do c um ent s , o r a n y mo ne y, b ull i on , j ew ell e r y o r o t he r v al uab le ar t ic le o r t hing s ei z ed u nd er s ec t i o n 1 3 2 o r r eq ui s it io ne d und e r s ec t i on 1 32 A , as t he c a s e m ay b e, ar e h a nd ed o ve r t o t h e As s es s in g O ff ic er ha v ing j ur is d ic t ion ov e r t h e a sses s ee,--

Pr o v id e d f u rt h er t h at w her e t h e p er i od a va ilab le t o t h e T r ans f e r Pr ic i ng Of f ic er is e xt en d ed t o s ix t y d ay s i n a c co rd a nc e w i t h t h e pr ov is o t o s u b -s e c t io n (3 A) o f s ec t io n 92 CA an d t h e p e r iod of lim it a t i o n a v a il a b l e t o t h e As s es s ing O f fic e r fo r ma k i n g a n or d e r o f as s es s m ent , r ea s s es s me nt o r r ec om p ut at i o n , as t h e c as e m ay be , is les s th a n s ix t y da ys , s uc h r em a in ing p er io d sh a ll b e ex t e nd ed t o s ix t y da ys a nd t he a f or e s aid p e r iod o f lim it a t io n s ha ll be d ee m ed t o be e xt end ed ac c or d in gly :