Urgent query on scrutiny assessment

Dear Deepak,

For AY 2007-08, Time limit for completion of assessment u/s 153(1) was 21 months from the end of the AY..

Hence the last date would be 31.12.2009.

yes it is 31.12.2009.

Mr. Deepak,

last date - 31.12.2009 - 21 months from the end of the AY..

thanx peers

so the assessment is time barred now, right?

yes

yes...

last date - 31.12.2009

Dear Friends,

kindly clear my doubt

if a person files Return of income for F.Y. 2005-06 on 01/03/2009 .

in the above case , How the period for completion of Scrutiny Assessment  be determined (ie.21 Months from A.Y.)

thanks,

regards,

reena jain.

Dear reena,

Voluntarily Return for FY 2005-06 (AY 2006-07) could have been filed till 31-3-2008.

 Further if No Return has been filed till 31-3-2008 then Srcutiny u/s 143(3) cannot be made....

Assessment u/s 144/ 147 is possible........

Plz specify ur doubt............

Att Mr. Deepak,

Time limit for completion of scruitny u/s 143(3), as prescribed by section 153(1) is 21 months from the end of the Relevant Assessment Year i.e. 31.12.2009.

Thanks