Time limit of completion of Assessment u/s143
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 January 2010
We got the notice u/s 143 of AY2007-08, i want to know upto which date AO has to pass assesssment order?
02 January 2010
As per section 153(1) assessment proceedings have to be completed within 21 months from the end of the assessment year. Therefore AO has to serve the assessment order for the assessment year 2007-08 on or before 31st December 2009.
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02 January 2010
Agree with expert. 31-12-2009
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