Assessment getting time barred
Ratan Sharma (CA) (2519 Points)
28 October 2016Ratan Sharma (CA) (2519 Points)
28 October 2016
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(176622 Points)
Replied 29 October 2016
Is it limited Scrutiny? Usually 3 months, once the process starts.
As per section 153, assessment u/s 143(3) or u/s 144 (Best Judgment Assessment), Time limit is within 2 years from the end of the relevant AY.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India