Notice sec 148

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B.com
3025 Points Posted on 01 April 2021
notice sec 148 f.y.16-17 from it department
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what is the sec 148 in it act.
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On 01 April 2021 at 22:34 Report
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Quick Summary
This discussion clarifies Section 148 of the Income Tax Act, which pertains to the reassessment of returns where income has escaped assessment. It also touches upon Section 147, noting that both sections are related to the reassessment process. If you've received a notice under these sections, understanding their purpose is crucial.

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Chartered Accountant
24588 Points Posted on 01 April 2021
Section 148 is re-assessment of computation of return escaped
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On 01 April 2021 at 22:43
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B.com
3025 Points Posted on 01 April 2021
Notice show another sec 147 mentioned reason
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On 01 April 2021 at 22:47
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Chartered Accountant
24588 Points Posted on 02 April 2021
Both sections are for reassessment
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On 02 April 2021 at 06:24

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