IS IT MANDATORY TO ISSUE NOTICE U/S 143(2) IN CASE RETURNS ARE FILED IN RESPONSE TO NOTICE U/S 148 FOR ASSESSMENT U/S 147?
IF YES, ASSESSMENT HAPPENS U/s 147 or 143(3)?
AND IF NOTICE U/s 143(2) IS NOT ISSUED, DOES IT MAKE ASSESSMENT u/s 147 INVALID?
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143(2) for 147/148
Replies (4)
Yes it's mandatory, once return is filed in response to 148 notice. assessment orders will be passed under section 143(3) r. w. s. 147.
Would like to add one more point is that if after filing return u/s 148 notice u/s 143(2) not issued or issued before filing return then assessment is null and void
Yes abhay ji, you are right
Yes agree with above views.Re-assessment should be routed through Sec 143(3)
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