banner_ad

Validity of order U/S 143(3)

202 views 2 replies
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...


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details