Assessment notices deemed valid for returns filed in specified period; provisos exclude returns filed on or after the later date. The amendment deems notices under section 143(2) (including clause (ii)) to be valid where a return was furnished in response to a section 148 notice during a specified earlier period and the subsequent section 143(2) notice was served after the twelve month threshold but before the time limit for assessment under section 153; an Explanation clarifies these deeming provisos do not apply to returns furnished on or after the later effective date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Assessment notices deemed valid for returns filed in specified period; provisos exclude returns filed on or after the later date.
The amendment deems notices under section 143(2) (including clause (ii)) to be valid where a return was furnished in response to a section 148 notice during a specified earlier period and the subsequent section 143(2) notice was served after the twelve month threshold but before the time limit for assessment under section 153; an Explanation clarifies these deeming provisos do not apply to returns furnished on or after the later effective date.
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