Notice under section 142(1)
This query is : Resolved
26 November 2014
Sir,
I have query about time limitation for serving a notice under section142(1)of the incometax act,1961 can ao serve a notice after the due date
I have query about time limitation for serving a notice under section142(1)of the incometax act,1961 can ao serve a notice after the due date
26 November 2014
142(1) triggers on specific incidences mentioned in the section. It is a reverse section. Unlike other sections where notice is limited by time, it is triggered by time.
The validity of the notice shall depend on the issue raised therein
The validity of the notice shall depend on the issue raised therein
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