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of <h1>Assessing Officer Can Reassess Expenditure Anytime if Assessee Omits Filing; Otherwise, Notice Issued Within Four Years Per Section 11.</h1> Under Section 11 of the Expenditure-tax Act, 1987, if the Assessing Officer believes that chargeable expenditure has escaped assessment due to the assessee's failure to file a return or disclose necessary facts, or if the officer has information suggesting under-assessment, they may issue a notice to the assessee. In cases of omission by the assessee, this can occur at any time, while in other cases, it must happen within four years from the relevant assessment year. The notice allows the officer to assess or reassess the expenditure, applying the Act's provisions as if it were a standard notice under Section 8.
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