06 October 2009
These two sections required assessing office to furnish notice for scrutiny assessment of the assessee knowna as Comprehensive scrutiny.143(3)for Taxable Income and 115we(3) for FBT
Notice to be served within 6 months from the end of the A.Y. for which return has been filed.
On hearing the evidences produced by assessee the A.O will pass the assessment order determing total income/loss and amount payable/refundable.
Such order to be passed within 21 months ( 33 months in case of referral to transfer pricing officer)
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