time limit for issue of notice u/s 143(2)
This query is : Resolved
31 October 2008
Scrutiny letter was received by the assesse for the a.y. 2006-07 on 26th september. he has filed his return on 27th july 2005.
As per old provision last date for scrutiny is 31st August 2006. But due to amendment on 01.04.2008 the last date for scrutiny should be 30th september 2006.
Whether a.y. this new amendment should is applicable for scrutiny of a.y.2006-07 also ?
As per old provision last date for scrutiny is 31st August 2006. But due to amendment on 01.04.2008 the last date for scrutiny should be 30th september 2006.
Whether a.y. this new amendment should is applicable for scrutiny of a.y.2006-07 also ?
31 October 2008
No notice under this section shall be served on the assessee after the expiry of the financial year in which the return is furnished or the expiry of the six months from the end of the month in which the return is furnished, whichever is later.
31 October 2008
Sir,Question is whether the said provision is applicable for scrutiny cases of assessment year 2006-07.
03 November 2008
ya, my question is whether this new amendment is applicable for scrutiny cases of assesement year 2006-07 ?
21 November 2008
The new amendment is applicable w.e.f. 01.04.2008 and not applicable to the notices issued before this date. Some facts are not cleared in your querry, i.e., date of filing of return is not clear, year of notice recd. which 26th september, return for the AY 06-07 can not be filed on 27th July, 2005. If it is filed on 27th July 2006, notice could have been issued upto 31st July 2007. if filed on 27th July, 2007 then in my opinion, notice could have been issued upto 30th September, 2008 i.e., with six months from the end of financial year in which return is filed.
21 November 2008
The new amendment is applicable w.e.f. 01.04.2008 and not applicable to the notices issued before this date. Some facts are not cleared in your querry, i.e., date of filing of return is not clear, year of notice recd. which 26th september, return for the AY 06-07 can not be filed on 27th July, 2005. If it is filed on 27th July 2006, notice could have been issued upto 31st July 2007. if filed on 27th July, 2007 then in my opinion, notice could have been issued upto 30th September, 2008 i.e., with six months from the end of financial year in which return is filed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- TDS NUMBER SURRENDER
- Gst Sales of FY 2023-24
- Offsetting interest income against derivative trading losses
- Application of 115BAC
- Legal heir raised refund , but refund issued to the closed account of deceased.
- RCM - commercial rent paid to URP under GST
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
