Section 148

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A.Barli (Querist)
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08 September 2011 what is the recourse for an A.O if an assessee does not file a return u/s148.

not 144- since that section does not specify 148 notice.

not 132 since search is in response to hidden assets or non reply to 131?

thank you.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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08 September 2011 If a notice is isusued u/s 148, the assessee is bound to file a return and that return will be treated as if filed u/s 139. But if the assessee failed to file a return in respose to section 148, AO can take recourse to section 144(1) and assessement can be completed accordingly.

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