Section 143(1)
Aagam Shah (7 Points)
18 November 2019Aagam Shah (7 Points)
18 November 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 19 November 2019
As per sub-sec 143(1), last proviso... the time period is 12 months and not 6 months... Read
"Provided further that no intimation under this sub-section shall be sent after the expiry of one year from the end of the financial year in which the return is made."
i.e. the intimation must be issued within one year from the end of the year in which return has been filed. For example, if you have filed your returns for Assessment Year (AY) 2016-17 on 27 July, 2016, (i.e in the FY 2016-17) then an intimation can be issued anytime on or before 31 March, 2018.
Kapadia Pravin
(17249 Points)
Replied 19 November 2019
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