Assessment of Income

[Rajagopal Ramachandran]

Respected Sir! One of my friend's father who is 92 years old undergoing medical treatment filed a return of income for the assessment year 2006-07 onwards being pension income taxable under the head salaries. Assessee retired from Government office in the year 1975. Assessee in earlier years (between 1970-75) filed return being a Government Employee. After retirement the filing of return was stopped because below taxable limit. In the year 2005-2006 assessee sold the property and received x sum of money being the sale of flat. The difference between the cost of acquisition and the sale price the assessee split the amount into two parts. 1 Part to deposit in REC bond within 6 months from date of sale. 2nd Part kept a provision of x sum of money being the balance left between the cost and sale minus REC = for purchase of property. I want to help the Senior citizen who is 93 years old gentlemen on social ground. My question to all: (a) The AO called assessee to show all evidence of cost and acquisition, bank statement etc. Assessee received two notice one u/section 142(1) and another notice u/sec 143(2) and based on this notice assessee personally visited the AO and handedover the complete documents. Assessee also took a proof of the documents submitted with official ITO office stamp and date. This was based on the return filed for the assessment year 2006-2007 and 2007-2008 onwards. Based on the facts received AO issued Intimation Notice under section 143(1) for both the years 2006-07 and 2007-2008. Much to assessee surprise for the above year of assessment he received again notice from another section of the ITO asking again to produce all the details. Assesee wants to inform the AO who has sent new notice under secton 143(2) in the month of september 2009 to show evidence for the assessment year 2006-2007 being completed and docs submitted. Any suggestion since assessee has not second copy of the record to submit. Any help please.

AI Summary

Assessment proceedings under section 143(2) require completion by a section 143(3) order; produce stamped acknowledgements as proof.
Assessment notices were issued and the assessee submitted documents with a departmental stamp on a covering letter; an intimation under section 143(1) followed but a later notice again sought the same documents. Proceedings under the assessment notice stream are not complete until a formal assessment order is made, so the assessee should use the stamped acknowledgement and seek confirmation or file inspection from the assessing officer, while keeping jurisdictional and limitation considerations in view.