Reopen of assessment proceeding
This query is : Resolved
Quick Summary
16 September 2026
Sir
Recently Income Tax Authority issued notice related to U/s 143(2) related to Financial year 2012-13 AY 2013-14.
Can IT authority do this after expiry of 12 years. Is there any Limitation clause in IT act 1961?
Regards
Abhijit
Recently Income Tax Authority issued notice related to U/s 143(2) related to Financial year 2012-13 AY 2013-14.
Can IT authority do this after expiry of 12 years. Is there any Limitation clause in IT act 1961?
Regards
Abhijit
16 September 2026
A notice issued for AY 2013-14 after 12 years cannot stand in law, as a Section 143(2) scrutiny notice must be issued within months of return filing, while even the maximum extended 10-year limit for reopening under Section 149 expired on March 31, 2024. The taxpayer should file a formal jurisdictional objection on the e-filing portal pointing out that the notice is completely time-barred.
16 September 2026
Thanks to Sir Aashok Kumar Sharma for clarifying the matter.
One query ie whether Judicial objection will be filled at IT Portal or in in court by Civil Suit mode.
Regards
Abhijit
One query ie whether Judicial objection will be filled at IT Portal or in in court by Civil Suit mode.
Regards
Abhijit
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