Assessment of Income Tax

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Pawan Patil (Querist)
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02 December 2009 sir

Can any body tell me how much time will take assessment of income tax ?

If we filed Income tax return before due date then how much time will take assessment ?

Regards,Choudhari

CA Balram Sharma

CA Balram Sharma (Expert)
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02 December 2009 there is various time limit for the assessment

normally time is 21 month from the end of AY in which retun is file,

u/s 143(3),/ 144

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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02 December 2009 For Regular Assessment u/s 143(3); first of all your case may be selected for scrutiny by the end of September 30 of next year. If you filed your Return on 30/05/2009 or 31/12/2009 for A.Y.2009-10 then it can be taken for scrutiny upto 30 09 2010.

However; assessment has to be completed by 31 12 2010.

Ca Rakhecha
Surat

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Pawan Patil

Pawan Patil (Querist)
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03 December 2009 Thanks lot