banner_ad

No reasons given for assessment u/s 147 of it act

Tax queries 232 views 2 replies

Notice has been sent by income tax dept on 27 march 2019 for FY 2011-12 for income escaping assessment.

No reasons have been given on the notice and no amount which they feel has escaped assessment is mentioned on the notice.

Can we demand the reasons in writing from them ?

Today they have given a notice u/s 142(1) of the act and have demanded a lot of information about investments, assets etc (similar to a scrutiny assessment uestionarre) but still no reasons for the officer to believe that income has escaped assessment has been mentioned.

Please guide me on the course of action in such matters.

 

 

 

Replies (2)

Better you file rectified return (if you wish) and give some details which are ready in hand, and after that request for the reason for re-opening. You will be provided it in writing. The reason is not indicated in notice itself.

Thank you 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details