Distinction between notice u/s 142(1) and u/s 143(2)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ay require. 2. Assessment can be made only if the notice under this section is served on the assessee. No assessment is possible by issue of this notice alone. 3. Time limit of 6 months from the end of the financial year in which return is furnished is prescribed for service of this notice. No time limit is prescribed for service of this notice 4. No approval required Approval of Joint commissione .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X