Hi...
One of my client has received notice u/s 143(2) of the I.T. Act for A.Y. 2009-10 a week ago.. The time limit for issue of notice is 6 month from the end of relevant assessment year in which return has been filed. It has also filed revised return. I want to know time limit for issuance of notice to be counted from filing of original return or revised return?
Hi , I am of the opinion and also I think there is a case law on it , that filing of revised return step in to the shoes of original return so the time limit will be counted from the date of filing of revised return .
time limit for serve of notice u/s 143(2) shall be within 6 months from the end of relevent financial year , in which the return is made, here revised return shall substitute original return, so time limit of 6 months shall be caluculated from the end of financial year in which the revised return is made, if you made revised return in 2010-11 financial year, then time limit limit for issue of notice shall be, upto september 2011.
Matter still unresolved. Some body come up with more authentic information.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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