Notice issued u/s148
This query is : Resolved
18 December 2018
I have received a notice u/s 148 for the AY 2011-12 on 17.12.2018 i.e Beyond 6 AY, is it Valid? In this notice it is mentioned that a notice u/s 142(1) was sent earlier (20.09.2018), where no such notice was received in actual.
18 December 2018
as long as you didn't participate in the reassessment proceedings, you can claim that it was issued beyond the limitation period.
19 December 2018
As Nikhil Sir said, It might actually be time-barred, but If the notice is in respect of any asset (including financial interest in any entity) located outside India, chargeable to tax, which has escaped assessment, then the notice can be issued even after six years.
Can you show a copy of the notice?
prateek63@yahoo.co.in
As Nikhil Sir said, It might actually be time-barred, but If the notice is in respect of any asset (including financial interest in any entity) located outside India, chargeable to tax, which has escaped assessment, then the notice can be issued even after six years.
Can you show a copy of the notice?
prateek63@yahoo.co.in
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
