is regular assessment u/s 143 (3) is compulsory for all assessee?
3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177990 Points)
Replied 15 December 2016
Not necessarily. It is triggered only when departments gets some information about concealment of income as per their data and the return filled by assessee.
Ria
(107 Points)
Replied 15 December 2016
okk...but what is difference in 143 (3) regular assessment and scrutiny assessment
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177990 Points)
Replied 15 December 2016
Actually regular assessment is referred to assessment u/s. 143(1).
Only when it is selected for detailed assessment to verify the detailed of the ITR, notice u/s. 143(2) is sent and the scrutiny is termed as assessment u/s. 143(3) (or even in other cases u/s. 147).
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