U/s 148

Provisions of Section 148 in case ITR not furnished

If the income tax return is not furnished within the time allowed in the notice issued under

Section 148, the assessee shall be liable to pay interest under Section 234(3), for late

filing of return or for not filing the return of income, if the income has already been

determined under Section 143(1) or if the assessment already has been done under

Section 143(3) or 144 or 147.

On the other hand, if the assessee had not furnished the return of income in respect of any assessment year and no assessment of such assessment year was done under

Section 144, then interest for late filing of return in response to a notice under Section 148,

shall be leviable under Section 234(1) instead of Section 234(3).

Illustration: Assessing Officer has issued a notice to R under Section 148 to assess the

income of assessment year 201011

which according to him has escaped assessment.

During the course of such assessment proceedings, he discovers that:1.

There is some other income relating to the same assessment year which has also

escaped assessment.

2. There is some income related to assessment year 200910

which has also escaped

assessment.

What action should be taken by the Assessing Officer in this regard?

Solution

1. There is no need to give another notice under Section 148 and he can assess/reassess

such income alongwith the income for which the proceedings are going on.

2. The assessing officer will have to issue a separate notice under Section 148 in this

case.

i have file itr for a.y. 2008-09 mannual in time. and in this case which document to be produce to authorities

Assement Year Copy and Acknowledgement IF any 

I have both

Then u can present the both.

so its a proof of the IT Return.