Notice sec 148

notice sec 148 f.y.16-17 from it department
Question:
what is the sec 148 in it act.
Replies (3)
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.

Section 148 is re-assessment of computation of return escaped
Notice show another sec 147 mentioned reason
Both sections are for reassessment

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