Notice U/S 148 AY 2014-15
This query is : Resolved
saikiran marripalli
(Querist)
08 July 2021
My client has assessed U/S 143(3) Of IT Act. order dated 06-06-2016.
My client has received notice U/S 148 dated 30.06.2021 for the AY 2014-15. Can this case shall be reopened or not? can you clarify on that
My client has received notice U/S 148 dated 30.06.2021 for the AY 2014-15. Can this case shall be reopened or not? can you clarify on that
CA R SEETHARAMAN
(Expert)
08 July 2021
6 years time limit is over, question the validity and ask for reasons for reopening.
In case of foreign assets escaped assessment time limit is 16 years.
In case of foreign assets escaped assessment time limit is 16 years.
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