Validity of order U/S 143(3)

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assume assessee has not filled the return for A/Y 2019-20

Now AO has issued an order U/S 142(1)(i)
on 1.4.20

Assessee furnished the return on 27.4.20

Notice is then issued U/S 143(2) on 7.4.21
(i.e. within six month from end of F/Y in which return is filled)

After hearing Order U/S 143(3) is passed on 7.5.21

Is the order valid ?
As U/S 153(1) order can be passed only before expiry of 12month of relevant assessment year which is 31.4.21 for assessment year 2019-20
Replies (2)
This is not feasible.
Since the AO cannot pass any orders till the submission of return time limit is over .
In this Financial year its extended till 30th Nov 2020.
This will might be first time in history of Income Tax that AY is not of 12 months but for 15 months. it is my assumption and might be correct. For FY 2018-19 AY 2019-20 will end on 30.06.2020 as Govt fixed last date to file ROI 30.06.2020. That means the AO can complete Assessment till 30.06.2021 being 12 months from the end of Assessment Year...


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