Answer

1. F

   Facts

   The law sets a time limit for completing a fresh assessment ordered in revision, counted from the end of the financial year of the revision order. Check the exact limit for your case.

2. P

   Provisions and law

   • Sec 153, Income-tax Act 1961 (now Sec 286, Income-tax Act 2025)Time limits for assessments, including fresh assessments after revision.
   • Sec 263, Income-tax Act 1961 (now Sec 377, Income-tax Act 2025)The Principal Commissioner or Commissioner can revise an assessment order that is erroneous and prejudicial to revenue, after giving a hearing, within 2 years from the end of the financial year of the order.
3. A

   Analysis

   Track the date of the revision order and work out the limit. If the fresh order comes after it, raise the time bar in appeal. Meanwhile, reply fully in the fresh proceedings. Keep records of all dates.

4. C

   Conclusion

   1. 1Note the revision order date.
   2. 2Work out the time limit for the fresh assessment.
   3. 3Reply in fresh proceedings fully.
   4. 4Raise time bar if the order is late.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.