Notice under section 142(1)

Can notice under section 142(1) of the Income Tax Act 1961 can be issued on 05.09.2011 for the assessment year 09-10 return filed on date 30.07.2009.

Also notice under section 143(2) of the Income Tax Act 1961 is issued along with the said notice, what are its implications?

Replies (4)

There is no time limit for notice u/s 142(1). So notice u/s 142(1) is valid.

Time limit for notice u/s 143(2) is within 6 months from end of FY in which return is filed. 

In your case, you filed return on 30-July-2009. So last date for receiving valid notice is 30-Sept-2010. Hence,  notice u/s 143(2) is time-barred. 

Reply by Jagrut is correct.

Thanks for your replies.

can notice u/s 142(1) come after 21 months from the end of relevent AY

which is limit for assessment??

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