Dear Sir,
Sec 142(1) , AO may require the assessee to file his Return of Income (ROI), if he has not filed his ROI. Query- In which situation can AO ask to file ROI ?
2) U/s 143 -Time limit for issue of Notice u/s 148, In Normal case (i.e. 3 yrs) , AO can issue notice for AT MAX FY 17-18 (i.e AY-18-19) ONLY IN THE FY 21-22 . Am i right ?
Thank you
1 . When there are TDS deducted then there comes other provision cash deposits , electricity bill . Etc check definition
2 u/s 143 notice new proviso provides for 3 years for escaping income upto 50 lakhs but the old proviso of Max 6 years is still there so for AY 20-21 files can still be opened upto AY 16-17 APPROXIMATELY