13 August 2010
what if notice if received asking for details of FY 2008-09 received after 31-07-2010? Should I reply the same. I am of the view (please tell me if it is correct)that if any notice for demand if received for FY 2008-09 and the return is filed prior to due date. And if nothing, such as notice of demand or other is received from Income Tax(upto 31st July 2010), then it means your assessment is done on best judgement basis and we need not reply for such notice.
CAclubindia
