Whether Income Tax Assessment of 2001-2002 is done on 2025-26 is posssible if yes then as per which section if no then as per which section. pls give answer
2 Replies
CA Chirag Haraniya
(Chartered Accountant)
(902 Points)
Replied 25 January 2014
It cannot be done. Max assessment can b opened upto 6 yrs after end of assessment year.
Further if case is pending against any court for ay 2001-02 and it lasts till 2025-26 (which is practically not possible) then it may.
Mihir
(Wealth Manager)
(5293 Points)
Replied 25 January 2014
Is it 2005-06 or 2025-26?
2025-26 cannot be done.
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