Suppose a notice u/s 148 for A.Y. 2011-12 dtd 31.03.2018 is sent by AO by speed post, then by what time it will be received by assessee at the earliest ? Can it be barred by limitation (6 years in this case) ?
Also, if notice is sent by email on 31.03.2018 at the email address abc @ xyz.com, but xyz.com has stopped providing email services from 2013 onwards, then will it be deemed that notice is served to the assessee ?
Kindly respond by considering the above case with reference to the sections of the Income Tax Act.
No notice under Section 148 shall be issued for the relevant Assessment Year:
(a) If 4 years have lapsed from the end of relevant assessment year, unless the case falls under following two categories;
(b) If 4 years, but not more than 6 years, have elapsed from the end of relevant assessment year unless the income chargeable to tax which has escaped assessment amounts to or is likely to amount to Rs. 1 Lac or more for that year;
(c) If 4 years, but not more than 16 years, have elapsed from the end of relevant assessment year unless the income in relation to any asset (including financial interest in any entity) located outside India, chargeable to tax, has escapsed assessment.
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