Webi) notice u/s 148 is to be issued, on or after 1.4.2024, within a period of three years, from the end of the relevant assessment year, if the amount of alleged escape income is less than or equal to Rs. 50 lakhs, in an assessment year. [section 149 (1) (a)] WebThe entire transaction has been considered by the Assessing Officer and has culminated into the order under Section 143(3) of the Income Tax Act dated 24th December 2024. As apparent from the reasons there were no new tangible material in the hands of the ... and the time limit prescribed in Section 149 (1)(b) (as substituted w.e.f. 01.04.2024 ...
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Web17 May 2024 · If the income tax officer decides to reopen the case, a copy of the order and a notice (under Section 148) must be issued to the taxpayer. As per the time limitation clause, a notice cannot be issued in normal scenarios if three years have elapsed since the end of the relevant assessment year. Web12 Apr 2024 · Income Tax Return Filing Salary Return, Rental Income, Business Income, Capital Gain, ITR of Individual/ Proprietorship, HUF, , Partnership, LLP, Company, Trust, Society TDS Return Filing of Govt departments/ Business/ Individual Form 24Q, 26Q, 27Q, 26QB, 26EQ/27E, 26QC, 26QD filing & Form 16/16A generation nights in white satin reaction
Section 149 of the Income Tax Act - Taxway Global
Web30 May 2024 · The Finance Act, 2024 has substituted the existing Sections 147 to 149 with new Sections 147, 148, 148A and 149 of the ITA. Also, it has removed Sections 153A to 153C and merged all of them under Section 147. Web9 Apr 2024 · Section 195(3) of the Income-tax Act, 1961 provides for grant of certificate to a person entitled to receive interest or other sum on which income tax is to be deducted under section 195(1) of the Income-tax Act, 1961 without deduction of tax at source. For the purpose, an application has to be made by the person to the Assessing Officer ... Web34 minutes ago · We do deem it open to examine this issue in the present case after having examined the notice u/S 148A(b), including annexure thereto, reply filed by the petitioner and the order under Section 148A(d) of the Income Tax Act, 1961.” 11. Accordingly, this batch of writ petitions is admitted for final hearing. 12. nscc school of health and human services