Assessment notice exemption allows rules to specify case classes where notices for prior-year income need not be issued. Amendment empowers the Central Government to prescribe by rule classes of cases in which the Assessing Officer need not issue a notice to assess or ... Summary
Assessment notice exemption allows rules to specify case classes where notices for prior-year income need not be issued.
Amendment empowers the Central Government to prescribe by rule classes of cases in which the Assessing Officer need not issue a notice to assess or reassess the total income of an "other person" under section 153C for the six assessment years immediately preceding the relevant assessment year, except where any assessment or reassessment has abated.
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