Meaning of Completion of Assessment Proceedings

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27 January 2011 What is the mening of completion of assessment proceedings u/s 143(3) of the income Tax Act, 1961. i.e. whether only order should be passed within the prescribed time period or is it should also be served ?

E.g. for A/Y 2008-09, ITR filed on 30-09-2008, Notice u/s 143(2) was received in time, case processed, order u/s 143(3) was passed on 30-12-2010 and such order was served to assessee on 04-01-2011. Whether such order is valid ?

27 January 2011 If the order was served to post, it is valid , serving does not mean to serve to asessee.

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27 January 2011 Timely order, If order was despatched by post on or before 31.012.2010.




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