https://www.taxtmi.com/article/detailed?id=195 The substituted proviso to Section 143(2) requires that the first formal assessment notice be served within six months from the end of the financial year in which the return was filed; actual service on the assessee is essential and the proviso, introduced effective 01.04.2008, may apply to notices served on or after that date for earlier assessment years though the revenue may dispute retrospective application. The amendment shortens and unevenly distributes taxpayers' contingency periods compared with the prior twelve month rule, and practical advice is to seek formal adjournment and obtain acknowledgment where hearings are fixed on short notice. en-us Sat, 11 Oct 2008 00:00:00 +0530 Sat, 11 Oct 2008 12:04:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=195 The substituted proviso to Section 143(2) requires that the first formal assessment notice be served within six months from the end of the financial year in which the return was filed; actual service on the assessee is essential and the proviso, introduced effective 01.04.2008, may apply to notices served on or after that date for earlier assessment years though the revenue may dispute retrospective application. The amendment shortens and unevenly distributes taxpayers' contingency periods compared with the prior twelve month rule, and practical advice is to seek formal adjournment and obtain acknowledgment where hearings are fixed on short notice. Articles Income Tax Sat, 11 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=195