Sec 143(2) Ques

A Ltd. filed its return of income for A.Y.2021-22 on 30th September, 2021. The return is selected for regular assessment under section 143(3). The time limit for service of notice u/s 143(2) in this case is

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Quick Summary
This discussion clarifies the deadline for issuing a Section 143(2) notice when a return of income for AY 2021-22 is selected for regular assessment. The notice must be served within six months from the end of the financial year in which the return was filed.

Notice can be served for 12 months from the end of the assessment year
Six months from the end of the financial year in which the return is furnished.

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