Validity of order U/S 143(3)
Avin Agrawal (1 Points)
19 June 2020Now AO has issued an order U/S 142(1)(i)
on 1.4.20
Assessee furnished the return on 27.4.20
Notice is then issued U/S 143(2) on 7.4.21
(i.e. within six month from end of F/Y in which return is filled)
After hearing Order U/S 143(3) is passed on 7.5.21
Is the order valid ?
As U/S 153(1) order can be passed only before expiry of 12month of relevant assessment year which is 31.4.21 for assessment year 2019-20