https://www.taxtmi.com/acts?id=43767 Sections 148 and 148A create a pre-reassessment framework: the Assessing Officer may issue a section 148 notice requiring a return only where information suggests income has escaped assessment; specified categories of information are enumerated. Returns after the notice deadline are not returns under section 139. Section 148A requires service of a show cause notice with accompanying information and an opportunity to reply; issuance of a section 148 notice thereafter must be authorized by the specified authority. The section 135A scheme is excluded from the pre-notice procedural requirement. en-us Sat, 17 Aug 2024 13:03:58 +0530 Sat, 17 Aug 2024 13:03:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43767 Sections 148 and 148A create a pre-reassessment framework: the Assessing Officer may issue a section 148 notice requiring a return only where information suggests income has escaped assessment; specified categories of information are enumerated. Returns after the notice deadline are not returns under section 139. Section 148A requires service of a show cause notice with accompanying information and an opportunity to reply; issuance of a section 148 notice thereafter must be authorized by the specified authority. The section 135A scheme is excluded from the pre-notice procedural requirement. Act-Rules F. Acts / Amendment Acts Sat, 17 Aug 2024 13:03:58 +0530 https://www.taxtmi.com/acts?id=43767