Assessment under Section 144 or 147

Where assessee has not furnished return of income although his total income exceeds maximim amount not chargeable to tax, can AO issue notice under section 144 or 148 for this purpose.
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Scop of Assessment Under Section 144:

The Assessing Officer can issue notice under section 142(1) asking the taxpayer to file the return of income if he has not filed the return of income or to produce or cause to be produced such accounts or documents as he may require and to furnish in writing and verified in the prescribed manner information in such form and on such points or matters (including a statement of all assets and liabilities of the taxpayer, whether included in the accounts or not) as he may require.

AO can issue 142(1) calling for ROI and of ROI filed in response to 142(1) declaring income after paying taxes and interest then no issues. If no ROI filed even after issuance of 142(1), assessment can be opened under 147 by issuing 148 notice. assessment will be completed under 143(3) r.w.s. 147. if no ROI filed, it will be completed under 144 r.w.s 147

Assessment is done under the questioned item and prospects for the individuals. The charge of the assessed material and essayontime.com safe is marked for the future offers. The flow is done for the perpetual terms for the use of the assessment criterion for the people.

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