Assessment u/s 147

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 June 2011 Who can be the Assessing Officer for the purposes of assessment u/s 147??

In case of change of jurisdiction, can the present AO issue notice for assessment u/147 relating to earlier years??

Kaushal Jha

Kaushal Jha (Expert)
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08 June 2011 AO for assessment u/s 147 (escape assessment) is the same person who is AO for assessment u/s 143 (regular assessment). Actually, after issuing notice u/s 148 assessment is done u/s 147 and 143. So there is no separate AO. Depending on the quantum of total income AO could be ITO or ACIT.

For your second query- YES, present AO can issue notice for assessment of earlier years. Division of jurisdiction is administrative matter done for ease of work only.