Notice under Section 142(1)

Half of the refund is already collected and then notice received under section 142(1).

Is notice valid?

Please reply soon.

Replies (2)

Notice U/s 142(1) in WHich Sub-Section

1. U/s 142(1)(i)

2. U/s 142(1)(ii)

In case where ROI is not filed, Notice u/s 142(1) can to issued upto end of relevant Assessment Year, to require assessee to file ROI, and in other case for obtaining required information without any time limit...


So, whether you got refund or not, it is irrelevant..., relevant is date of Notice...

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