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ISSUE OF NOTICE FOR REASSESSMENT [Sec. 148]

ISSUE OF NOTICE FOR REASSESSMENT [Sec. 148] - Income Tax - Return of Income and Assessment Procedure - 24 - ISSUE OF NOTICE FOR REASSESSMENT [Section 148] Before making the assessment, reassessment or recomputation u/s 147, the Assessing Officer shou .....

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ions for issue of notice [Section 149 and 151]:- Time-limit and other conditions for issue of notice u/s 148 are given below: Up to four years from the end of the relevant assessment year Beyond four years but up to six years from the end of the rele .....

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the escaped Income is ₹ 1,00,000 or more for that year. If income in relation to any asset (including financial interest in any entity) located outside India, chargeable to tax, has escaped assessment. In other cases Assessment can be reopened .....

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