banner_ad

Intimation u/s 143(1)

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 August 2010 As per sec.143(1) intimation for tax payable shall not be sent after expiry of one year from the end of financial year in vich return is filed.

Does this mean that if assessing officer fails to give intimation of tax payable in stipulated tym them assessee will not be liable to pay tax???
rply
Profile Image

CA Sanat Pyne

Profile Image

CA Sanat Pyne (Expert)
04 August 2010 yes, but point to be noted that service of intimation may be after that date.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 August 2010 Bt in case of saurashtra cement it is written tht non-intimation shall not vipe off the tax liability...rply
Profile Image

CA Sanat Pyne

Profile Image

CA Sanat Pyne (Expert)
04 August 2010 yes you are right, but as i mention date of service of notice may be after 31 st march.
Profile Image

mohinder kansal

Profile Image

mohinder kansal (Expert)
05 August 2010 intimation is to be sent within one year, if it is not sent and as per records apparent tax is payable notice u/s 154 may be issued by the AO
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details