Amendment status not verified — confirm the current text below against the official source.
Substituted by Act No.26 of 2017. 44 [Act No.5 of 2005] 71[(7) Where an assessment has been deferred by the Commissioner under sub-section (5) of section 32 or as the case may be, by the Appellate Tribunal under the proviso to sub-section (4) of section 33 on account of any stay granted by the Appellate Tribunal, or as the case may be the Andhra Pradesh High Court or Supreme Court respectively, or where an appeal or other proceedings is pending before the Appellate Tribunal or the High Court or Supreme Court involving a question of law having a direct bearing on the assessment in question, the period during which the stay order was in force or such appeal or proceedings was pending shall be excluded in computing the period of 72[six years] for the purpose of making the assessment.] (8) Where an assessment made has been set aside by 71[any Court or as the case may be the Appellate Tribunal] the period between the date of such assessment and the date on which it has been set aside shall be excluded in computing the period of 72[six years] for making any fresh assessment. Payment and Recovery of Tax