Return time barred
Ankush (Student) (1369 Points)
19 December 2018
Can we place request for 148 if there was loss in the relevant year as well?
2 Replies
Nitesh bind
(Student CA Final )
(12692 Points)
Replied 19 December 2018
This is the Section under which notice is send for Escaped Income (which means which was not offered for tax purposes). It is not any requests section.
But, you could make request for Condonation of delay u/s 119 if you have losses and due date is over.
But, you could make request for Condonation of delay u/s 119 if you have losses and due date is over.
Uday Rathi
(133 Points)
Replied 23 December 2018
Sec 148 is for the benefit of revenue not for the benefit of assessee
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