Notice from IT Dept reg Intl Taxation

[RAMA KRISHNA KNVS]

Can anybody please give me larity on the subject.

We have made a few foreign remittances during 2009-10 FY. for which FY assessment was already completed last year. recently we have received a notice from IT Dept asking about info relating to those foreign remittances and stand we took on TDS part. my Query is

1. can dept issue notices relating to those FY for which AY is completed

2. upto which year dept can issue notice relating to any particular Financial year.

Thanks in advance.

AI Summary

Individual Challenges Income Tax Notice on Foreign Remittances for 2009-10; Questions TDS and Assessment Time Limits An individual seeks clarity on a notice received from the Income Tax Department regarding foreign remittances made during the 2009-10 financial year. The assessment for that year was completed previously, but the department has now requested information about those remittances and the stance taken on Tax Deducted at Source (TDS). The individual questions whether the department can issue notices for financial years with completed assessments and wants to know the time limit within which the department can issue such notices for any financial year.