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

238 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 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details