Extension of tax assessment deadline under section 143(1B) shifts the statutory cut off to the following year. Amendment replaces the cut off date in sub section (1B) of section 143 of the Income tax Act, substituting the 31st day of March, 2011 with the 31st day ... Summary
Extension of tax assessment deadline under section 143(1B) shifts the statutory cut off to the following year.
Amendment replaces the cut off date in sub section (1B) of section 143 of the Income tax Act, substituting the 31st day of March, 2011 with the 31st day of March, 2012, thereby extending the temporal application of that provision for one additional year.
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