Section 148 and 154 noticd


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A client received a Section 148 notice for AY 19-20 on 31st March, followed by a Section 154 notice for the same period. The user is seeking clarification on how to proceed, as reassessment and rectification are distinct processes. They are also questioning why a Section 154 notice was issued by the jurisdictional AO when reassessment falls under NAFAC.

28 September 2023 My client had received notice us 148 for scrutiny under sectiin 147 for ay 19-20 on 31st march. Since then no new notice was received. Today they received a notice under section 154 for same ay 19-20. Reassessment and rectification are both different. What should be done in such a case and why did the department issue 154 notice with jurisdictional AO when the reassessment is under nafac

16 January 2024 https://cleartax.in/s/notice-section-148-income-tax-act

16 January 2024 https://taxguru.in/income-tax/critical-analysis-reassessment-provisions-section-148-section-148a-section-149.html


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