15 October 2013
I have received notice under section 142(1) for the assessment year 2007-08.Sir,can anyone tell me the time limit u/s 142(1)of the Income Tax Act, 1961
15 October 2013
Notice u/s 142 ( 1) can be issued when assessee has not file the return and time limt u/s 139 ( 1) is over. However , it can also be issued to the person who has filed the retrun to produce documents /records as required thr notice. Further, notice u/s 143( 2) may also be in process .