Circular No. 11/2015 — Time limits for completing reassessment proceedings
Date: 2015-01-01 Status: ACTIVE Category: Reassessment / Reopening Binding on Department: Yes (Section 119 / Section 400 IT Act 2025)
Summary
Specifies time limits for completion of reassessment proceedings. Assessment order passed beyond time limit is void ab initio.
Key Directions
- Reassessment must be completed within 12 months from end of FY of notice issuance.
- Extensions permissible only with PCIT/CIT approval.
- Assessment order passed beyond time limit is void ab initio.
Applicability Under IT Act 2025
Saving Clause: Section 536 of IT Act 2025 saves circulars issued under the 1961 Act “so far as not inconsistent” with the new Act.
| Old Section (1961 Act) | New Section (2025 Act) | Consistent? |
|---|---|---|
| 153 | 285 | Yes |
Cross-References
Act Sections
Related Circulars
- None identified
Key Case Law (Circular Supremacy)
- To be populated — cases where this circular was cited/applied
Full Text
Full text to be added — see raw/circulars/ for PDF when available
Source
- Official: incometaxindia.gov.in/circulars