Extension of time limit u/s 148
WebSubject: Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic The Central Board of Direct Taxes, in exercise of its power under section 119 of the Income-tax Act, 1961 (hereinafter referred to as "the Act") provides relaxation in respect of the following compliances: WebMar 16, 2024 · Time limit for issuance of notice. The assessing officer can issue a notice within 3 months from the end of the financial year in which the income tax return is filed. Example: Income tax return for FY 2024-2024 is filed on 25/07/2024, i.e. in the FY 2024-2024; hence, the notice should be issued by 30/06/2024, i.e. 3 months from 31/03/2024.
Extension of time limit u/s 148
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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 … WebPerson as author : Pontier, L. In : Methodology of plant eco-physiology: proceedings of the Montpellier Symposium, p. 77-82, illus. Language : French Year of publication : 1965. book part. METHODOLOGY OF PLANT ECO-PHYSIOLOGY Proceedings of the Montpellier Symposium Edited by F. E. ECKARDT MÉTHODOLOGIE DE L'ÉCO- PHYSIOLOGIE …
WebFeb 13, 2024 · For this, Section 147 is substituted with a new section 147 of the Income Tax Act, 1961 (“Act”). In order to reduce compliance burden, the time-limit for re-opening of assessment is being reduced to 3 years from the current 6 years from the end of the relevant assessment year. Re-opening up to 10 years is proposed to be allowed only if ... WebApr 10, 2024 · Notification No. 09/2024, issued by the Central Government on 31st March 2024, pertains to the Central Goods and Services Tax Act, 2024. The notification states that the government, based on the recommendations of the Council, has extended the time limit for the issuance of orders under sub-section (9) of section 73 for the recovery of tax not ...
WebExtension of various key tax compliance under Direct Taxes: ... entities u/s 10(23C), 12AA, 35 and 80G of the Act was deferred from 01.06.2024 to ... Time limit for issuance of … WebFeb 8, 2024 · AO can issue notice u/s 143 (2) of the Income Tax Act within 3 months from the end of FY in which the assessee filed his return, to carry out scrutiny of income tax return u/s 143 (3). The assessee or his tax representative will have to appear before the AO to place arguments and pieces of evidence as required by the assessing officer.
WebFeb 1, 2024 · Revised time for issue of notice u/s 148 Salient features of new procedure :-(i) The provisions of section 153A and section 153C, of the Act are proposed to be made applicable to only search initiated under section 132 of the Act or books of accounts, other documents or any assets requisitioned under section 132A of the Act, on or before 31st …
WebJul 1, 2024 · As per the said Notification, various due dates of compliances falling between 20.03.2024 to 31.12.2024 has been extended to 31.03.2024 except in following cases the due dates have been specified : 2.1 Assessment Year 2024-20- Filing of Tax Returns. Filing of Original Tax Return U/sec 139 (1), belated Tax Return U/sec 139 (4) and Revised Tax ... the royal seal of mahamudraWebMay 1, 2024 · Furnishing of Income Tax Return for notice u/s 148. 01-04-2024 or thereafter. 31-05-2024. Time limit for filing return of income in response to notice of reassessment … the royal seabank hotel blackpool websiteWebMini Utility Truck (Internal: W68SBV-3062-0001) Mfg American, Mdl SC1011GBL, Dim: 1430 lbs, 74 in H x 63 in W x 148 in L per owner~s manual. Repairs needed, but not limited to: Needs GSA Auctions, General Services Administration, Government Site for Auctions tracy lynn bitnerWebApr 10, 2024 · Notification No. 1/2024 : Procedure, format and standards for filling an application in Form No. 15C or Form No. 15D for grant of certificate for no-deduction of income-tax under sub-section (3) of section 195 of the Income Tax Act, 1961 through TRACES 29 March 2024. F.No. Pro DGIT (S)CPC (TDS)/NOTIFICATION/2024-23 … tracy lynn andersonWebJan 19, 2024 · It may be recalled that the income tax department has issued numerous notices u/s 148 after 01/04/2024 without following the new procedure set by the Finance Act-2024. The new reassessment proceeding prescribed the new procedure to be followed for reassessment cases and also the new time limit of reopening of the case. tracy lynn b101WebApr 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 ... tracy lynn authorWebFeb 1, 2024 · Notice u/s 148 gives a power to the A.O. to assess or reassess the Income which comes into notice before and during the assessment. ... Time Limit for the issuance of Notice u/s 148 – ... Extension of time period for Registration in Foundation Course for appearing in Foundation Examination to be held in December, 2024 – (18-07-2024) ... tracy lynn barrett shue