Time limit for passing order 143(3)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 September 2012
sir,
as per recent amendment, time limit of passing order U/s. 143(3) is 24 month form the end of the assessment year. from where its applicable... what is the date of this notifiaction?
as per recent amendment, time limit of passing order U/s. 143(3) is 24 month form the end of the assessment year. from where its applicable... what is the date of this notifiaction?
20 September 2012
Two years from the end of the assessment year in which the income was first assessable.
It has been changed from the finance act 2012 and the period of 21 months has been substituted for 2 years from the A.Y 2010-11
It has been changed from the finance act 2012 and the period of 21 months has been substituted for 2 years from the A.Y 2010-11
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