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149(1) six years time limit

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09 April 2015 149(1) time limitNotice can cover last 6 fy from the current fy excluding current fy right ?Means : 2014-15, 2013-14, 2012-13, 2011-2012, 2010-2011, 2009-2010
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CA. Narendra Purohit

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CA. Narendra Purohit (Expert)
09 April 2015 Time limit for notice.
149. 69[(1) No notice under section 148 shall be issued70 for the relevant
assessment year,—
71[(a) if four years have elapsed from the end of the relevant assessment
year, unless the case falls under clause (b);
(b) if four years, but not more than six years, have elapsed from the end
of the relevant assessment year unless the income chargeable to tax
which has escaped assessment amounts to or is likely to amount to
one lakh rupees or more72 for that year.]

It is extract of Section 149 (1) of income tax act it is appear that not more than 6 assessment year can be assesed under income escaped assessment under sec 147. As of today department can issue from assessment year from 2009-10 to till date i.e from FY or PY 2008-09.
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