Assessee has received notice U/s. 143 (2) for which period is expired. Later because of Hawala list Notice U/s. 148 is issued.
Whether assessment inquiry should be restricted to the issue involved in Notice U/s. 148 or entire proceedings can be taken up for scrutiny.
Please guide.
Dear Sir,
A.O. may take up any other issue which comes up in his notice while doing assessment proceedings.. thus, he has very wide scope u/s 148.. so, be careful and A.O. can do anything for which he has reasons of doubt/evidences etc...
Best Regards,
CA Lovely Arora
ca.lovelyarora @ gmail.com
V.K. Ranjan & Co(Chartered Accountants)
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YOGESH KAPOOR AND ASSOCIATES
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