Income Tax Assessment Period Extended to 12 Months for Better Coordination and Ample Taxpayer Response Time.

Income Tax Assessment Period Extended to 12 Months for Better Coordination and Ample Taxpayer Response Time. https://www.taxtmi.com/highlights?id=68126 Period of limitations u/s 153 - Extend of time period for completion of assessment u/s 143 or 144 from 9 months to 12 month for the alignment & co-ordination with various authorities Assessment Unit, Verification Unit, Technical Unit and Review Unit for revenue as well as proper time for taxpayers to provide evidences. en-us Mon, 06 Feb 2023 12:25:20 +0530 Mon, 06 Feb 2023 17:20:00 +0530 TaxTMI RSS Generator Income Tax Assessment Period Extended to 12 Months for Better Coordination and Ample Taxpayer Response Time. https://www.taxtmi.com/highlights?id=68126 Period of limitations u/s 153 - Extend of time period for completion of assessment u/s 143 or 144 from 9 months to 12 month for the alignment & co-ordination with various authorities Assessment Unit, Verification Unit, Technical Unit and Review Unit for revenue as well as proper time for taxpayers to provide evidences. Highlights Income Tax Mon, 06 Feb 2023 12:25:20 +0530 https://www.taxtmi.com/highlights?id=68126