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query on sec 143(3)_/144

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Querist : Anonymous

Querist : Anonymous (Querist)

16 July 2011 can the assessment order u/s 143(3)/144 and notice of demand u/s 156 be sent to the assesse after the expiration of the period stipulated u/s153 for completion of assessment??

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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16 July 2011 Service is not material the completion of assessment is material and accordingly it can be served after expiry of the period as mentioned u/s 153. If you want to go in appeal still you get 1 month's time and your rights are not challanged. For payment of taxes also you will be allowed 35 days time and no interest u/s 220(2) can be charged from you.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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16 July 2011 Mr. Agarwal

Section 220(1) says 30 days. 35 days was substituted to 30 by DTL(Amend)Act,1987. Pl answer to the question and avoid unwanted wrong answers.

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