Assessment case

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 June 2014 Dear Expert,

After how much time a assessment case occur & what should consider during assessment case.

Thanks in advance,

Regards


11 June 2014 what is considered in an assessment will depend on the AO.

normal 143(3) assessment is to be completed as under (refer section 153):

(a) two years from the end of the assessment year in which the income was first assessable ; or

(b) one year from the end of the financial year in which a return or a revised return relating to the assessment year commencing on the 1st day of April, 1988, or any earlier assessment year, is filed under sub-section (4) or sub-section (5) of section 139,


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