Limitation in respect of certain assessments or re-assessments ordered

Notwithstanding anything in sections 21 and 32 where an assessment, re-assessment, rectification in or revision of an assessment is made in respect of a dealer or any person, in pursuance or in consequence of or to give effect to any finding or direction contained in an order under sections 31, 32, 33, 34 and 35 of this Act or in an order of any court in a proceeding, otherwise than by way of appeal or revision under this Act, such assessment, re-assessment, rectification in or revision of an assessment shall be made within three years from the date of receipt of such order by the prescribed or revising authority as the case may be:

Provided that if such an appeal order or order of any court has been subjected to further appeal, either partially or entirely, and if there are orders of stay prohibiting the authority concerned to pass consequential orders, the period of three years shall get extended by the period during which such stay orders were in force.

Provided further that if the subsequent appeal results in modification of such an appeal order or order which is subjected to further appeals, either partially or wholly, the period of three years shall be computed from the date of receipt of subsequent appeal order but not from the date of receipt of the original appeal order or order which was subjected to further appeal.