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Querist : Anonymous

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Querist : Anonymous (Querist)
25 March 2015 Hi everyone,

Can anyone tell me what is the time limit for issuing assessment notice u/s 143(2)of I.T Act for f.y 12-13? Answer as early as possible.

Thanks in advance

25 March 2015 At present, the proviso to section 143(2)(ii) specifies six months from the end of the financial year in which the return is furnished, as the time-limit within which notice needs to be served on the assessee for valid assessment of his return of income.

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 March 2015 Thanks seetharamanji. It means that if I got notice under sec 142(2)dated 20march 2015 for f.y 12-13 is void.

25 March 2015 It is 143(2), you are right if you have filed the return before 31-03-2014.

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Querist : Anonymous

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27 March 2015 Thanks Seetharamanji. Ya its 143(2).


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