Assessee had received a Notice U/s 148 for escaping Capital gain. Notice was valid. Assessee accepted and filed the ITR with the Capital gain tax as entirely due. The ITR acknowledgent with calculation was submitted. What is the time frame for the assessee to pay the tax declared as due in return? Is the return filed is Valid?
Agree with you Sir. But this is applicable for Sec 148 cases too?
Sir, what is the time limit? will it be specified by A.O.?
Thanks a lot sir. Is there any maximum time frame that can be availed or is just 15 days from date of filling return?
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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