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Time limit for 142

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(Querist)
30 May 2010 Sir...


Is ther any time limit for issuance of notice U/s. 142(1)...
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
30 May 2010 FOR THE ISSUE OF NOTICE U/S 142(1) THERE IS NO TIME LIMIT
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
30 May 2010 yes no time limit
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Kumar

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Kumar (Querist)
31 May 2010 But then as per sec 142 an AO cannot ask for book of account for more than 3 years from py.

hence it can be concluded that notice u/s 142 cannot b issued after 3 yrs.

plse clarify..

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