time limit
B.p. Yadav (14 Points)
26 June 2017
what is the time limit for passing the notice u/s 147.
B.p. Yadav (14 Points)
26 June 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160721 Points)
Replied 26 June 2017
Reassessment where assessment has been made under section 143(3) or 147:::
------- Within 4 years from end of relevant assessment year [unless escapement of income is because of taxpayer's failure to file return under section 139 or in pursuance of notice under section 142(1) or 148 or to disclose fully and truly all material facts or unless escapement of income is in relation to any asset located outside India].
Poltu Ghosh
(Job)
(1865 Points)
Replied 26 June 2017
CAclubindia
