Assessment order made u/s 148.
This query is : Resolved
19 March 2020
Hello, I had received demand notice from Income Tax then i came to know about the assessment has been made u/s 144 for A.Y 2011-12 the notice of which has not been received to me as my address has been changed and in absence of reply the AO made exparte order and raise demand of Rs 192670/- and imposed penalty of Rs 69000/- in 271(1)(C) and Rs 10000 u/s 271(1)(B) and Rs 5000/- u/s 271F.
Now i am preparing for appeal towards above order so please share case laws and ground of appeal for Penalty order and also share your valuable suggestion.
Now i am preparing for appeal towards above order so please share case laws and ground of appeal for Penalty order and also share your valuable suggestion.
22 March 2020
I think that assessment in your case is barred by limitation of time.
22 March 2020
No it is not barred by limitation as information is received now then how could i came to know.
23 March 2020
Assessment u/s 144 is time barred if it is made after 2 years. vide Section 153. In case the assessment was made u/s 144 r.w.s. 147 you would have received a notice u/s 148. It seems that the later can be your case. If no notice u/s 148 was served on you, then the assessment is invalid. Bombay High Court - Harjeet Surajprakash Girotra vs Union Of India And 3 Ors on 16 July, 2019 .
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Clarification regarding Import E-way bill transaction type // Regular or Bill from Dispatch From
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- GST Reverse
- Two seprate Invoice needed
- Director payment
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS PROCEDURE ON SALE OF IMMOVABLE PROPERTY BY NRI
- Refund of 20%pre-deposit paid for stay application
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
