WebApr 10, 2024 · After six years from the end of the Assessment Year, notice under section 148 was barred. 5.6.2 Stating differently, as per the old regime, for issuance of notice under section 148, in relation to Assessment Year 201314, the outer time limit would expire on 31.03.2024 and for issuing such notice in relation with Assessment Year 2014-15, the ... WebJul 12, 2024 · “Explanation— For the removal of doubts, it is hereby clarified that for the purposes of issuance of notice under section 148 as per time-limit specified in section 149 or sanction under section 151 of the Income-tax Act, under this sub-clause, the provisions of section 148, section 149 and section 151 of the Income-tax Act, as the case may ...
Section 148 of Income Tax Act - A Complete Guide - Groww
Web(xvii) The time limit for furnishing Income-tax return in response to notice under section 148 of the Act, for which the last date under the said notice is 01.04.2024 or thereafter, was extended to 31st May 2024 or within the time allowed under that notice, whichever is later. WebMar 28, 2024 · Section 149: Time limit for Notice (as Substituted by the Finance Act 2024) Section 149 of the Income Tax Act, 1961 has been substituted/ revised, vide Section 43 of … how to get stone face badge in slap battles
Reopening of Assessments U/S 147 with Notice U/S 148A(b)
WebSep 4, 2024 · Notice under Section 148 – show cause notice ... No time limit for issuance of notice under this section. Steps to be taken: Assessee has to reply according to the notice within 30 days. If he ... WebApr 11, 2024 · xiv. The Proper Officer is required to issue notice at least three months prior to the time limit specified under Section 73(10) for issuance of an order. xv. Notwithstanding anything contained in Section 73(6) and Section 73(8), penalty under Section 75(9) shall be payable where any amount of: Any amount of Self-assessed tax or WebSep 14, 2024 · Reading of the aforesaid notification would show that it was issued in exercise of power conferred under the Taxation and other Laws (Relaxation and Amendment of Certain Provisions) Act, 2024 and time for issuance of notice under section 148, the end date was initially extended uptill on 30-4-2024 and subsequently again by Notification, … john offield red bluff california