Q.1 A FD of 90000 made on 5-11-11 was detected on 7-9-16. the time limit for issue of notice u/s 148 ?????
Q.2 An apparent error in assessment order passed U/S 143(3) dated 15-11-16 was noticed by assessee in feb,17. Time limit for rectification?????
3 Replies
Poltu Ghosh
(Job)
(1865 Points)
Replied 02 June 2017
Your 1st question is not clear. Regarding 2nd question, you can file your rectification now. Legally speaking time limit for passing rectification order is 4 years.
Poltu Ghosh
(Job)
(1865 Points)
Replied 02 June 2017
4 years from the end of the relevant assessment year
Recent Topics
- FORM 10 IEA IN Revised return
- ITC Eligibility on GTA
- Top Highest Tax-Paying Celebrities: FY 2023-24
- Misplace society Bye law
- Submit ommited invoice of previous year
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
CAclubindia
