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notice u/s 148 for assessment u/s 147

Tax queries 352 views 1 replies
If notice u/s 148 is issued to the assessee and assessee files the return for assessment u/s 147.
then why finance act , 2006 require to issue notice u/s 143(2) with in 6 month from the end of financial year in which return is filed.??


And sec. 143(2) is for making scrutiny assessment u/s 143 (3).
Replies (1)

As per IT Act,1961 section 147 I.e income escaping assessment is dependent section. So it will either dependent on section 143 (scrutiny assessment) or on section 144 ( best judge assessment ) because after giving assessment order I.e notice all the procedures of assessments were governed by scrutiny or best judge assessment with relevant sections 


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