Notice u/s 142(1)(ii)

i m received notice u/s 142(1)(ii) for my NGO

what says this section plz help

 

thnks

 

Replies (11)

This requires you to produce the documents or accounts as required by the assessing officer for scrutiny of your return..

Agree with chippy...you are required to produce documents specified in notice

thnks friends

 

and office bearer means

thnks friends

 

and tell me who is the office bearer in ngo

office bearer means who occupy the position of chairman/president or who has power to execute the documents of NGO by affixing signature(Power of attorney)

what is the time limit for AO for issue of notice  u/s 142(1)(ii) 

for defeat the tribunal decision in case of motorola Inc...finance act 2006 introduce amendment with retrospectively  effect states that "The notice u/s 142(1)  can be issued even after the end of the relevant assessment year .

 

analysis of amendment-

1.notice u/s 142)1) can be issued only after the due date mentioned in sec 139(1).

2.notice u/s 142(1) can be issued even after the end of the relevant assessment year.

so  there are  no limit for AO to issue notice u/s 142(1)

3. another thing is that Ao can  demand the books of relating to period more than three year prior to the previous year

plz give me source/link  for reding about sec. 142 and 143

visit below link and insert sec no https://law.incometaxindia.gov.in/DIT/Income-tax-acts.aspx

if we received Notice u/s 142(1)(ii) for the F.Y:- 2008-09

then the AO have power to again make notice for scrutiny of the 2009-10, 2010-11

if we received Notice u/s 142(1)(ii) for the F.Y:- 2008-09

then the AO have power to again make notice for scrutiny of the 2009-10, 2010-11

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 September 2026
Chartared Accountant

pushpganga ventures

Pune

CA

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details