Assessment

Others 151 views 3 replies

is regular assessment u/s 143 (3) is compulsory for all assessee?

Replies (3)

Not necessarily. It is triggered only when departments gets some information about concealment of income as per their data and the return filled by assessee.

okk...but what is difference in 143 (3) regular assessment and scrutiny assessment

Actually regular assessment is referred to assessment u/s. 143(1).

Only when it is selected for detailed assessment to verify the detailed of the ITR, notice u/s. 143(2)  is sent and the scrutiny is termed as assessment u/s. 143(3) (or even in other cases u/s. 147).


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register