Assessment proceedings

This query is : Resolved

nikhil bapat (Querist)
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30 December 2010 Hi friends

I would like to have ur opinion in the following case..

ITO issued a notice to the assessee u/s 143(2) which the assessee duly complied with. Subsequently the ITO issued another notice u/s 142(1).
Whether the assessee is bound to comply with the second mentioned notice?
Also, whether proceedings initiated u/s 142(1) will be void ab initio?

Pls reply

Aditya Maheshwari

Aditya Maheshwari (Expert)
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30 December 2010 AO can ask for any details u/s 142(1) when scrutiny proceedings are going on u/s 143(3) of the Act and assessee is duty bound to comply to them.