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Income tax return filed against notice us 148
I received a notice of income tax 148 but for some reason I could not reply to it. Later, when I received the notice of 147, I filed my income tax return for the financial year 2014-2015 against 148. So will I get any notice now?
Replies (4)
Yes. It is just the start. You have to furnish various details as asked by officer. he will issue notices u/s 142(1)
Okk thank you sir
Recently they are issuing many show cause notices u/s 148A .If not responded on time then they are issuing 148 notice with 30days time limit.
If ITR is filed under 148 then it is a proper response.You may wait for further communication from IT Dept
If ITR is filed under 148 then it is a proper response.You may wait for further communication from IT Dept
Sec 148 has specific procedure .
let's explain the procedure
a)in cases subject to scrutiny by way of assesment order under sec 143(3) oĆ 147
assesment can be reopened whatevrr is the amount escaped
assesment can be reopened .
so first will be 147 notice or 143(3)
sec 148 notice will come after that.
let's explain the procedure
a)in cases subject to scrutiny by way of assesment order under sec 143(3) oĆ 147
assesment can be reopened whatevrr is the amount escaped
assesment can be reopened .
so first will be 147 notice or 143(3)
sec 148 notice will come after that.
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