Sanctions for issue of notice u/s 148 &148A - Section 151

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..... ay be. [ Substituted vide Finance (No. 2) Act, 2024 ] Upto 31.08.2024 Notice can be issued up to 3 years from the end of the relevant Assessment Year Notice can be issued beyond 3 years Specified authority for the purposes of section 148 and section 148A shall be,- For an assessment u/s 143(3) or u/s 147 As per Clasue (i) Principal Commissioner or Principal Director or Commissioner or Director, if .....

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..... inserted Sections 147 , 148 , 148A , 149 and 151 of the Income Tax Act 1961 with regard to reduction of Time Limit for re-opening of income tax proceedings, applicable with effect from 01/04/2021 (AY 2021-22) . - Manuals - Ready reckoner - Law and practice - Reference Guide - Quick Commentary Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TM .....

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