WebSep 25, 2024 · The Assessing Officer or the Commissioner (Appeals) or the Principal Commissioner or the Commissioner may during the course of any proceedings under the Act, direct any person who has under reported his income shall be liable to pay penalty in addition to tax, if any, on the unreported income. WebMar 28, 2024 · The notice contains information that income chargeable to tax has escaped assessment. The assessment officer will also have to provide information supporting his …
Section 148 of Income Tax Act - A Complete Guide - Groww
WebAug 31, 2024 · The Assessing Officer (AO) issued a notice under Clause (b) of Section 148A of the Income-tax Act (‘Act’) directing the assessee to show cause as to why, in view of the details contained in Annexure A of said notice, a notice of income escaping assessment should not be issued. WebMay 12, 2024 · Section 250 of the Income Tax Act: Procedure in appeal (1) The Commissioner (Appeals) shall fix a day and place for the hearing of the appeal, and shall give notice of the same to the appellant and to the Assessing Officer against whose order the appeal is preferred. (2) The following shall have the right to be heard at the hearing of … open source excel files based on data
Notice under Section 148 of Income Tax Act: All You Need to Know
Web1 day ago · "Whether subsequent proceedings initiated by the revenue authorities for non-compliance of notice u/s. 148 under the Income Tax Act would be vitiated on account of … WebApr 9, 2024 · Who Can Issue Notice under section 148 of Income Tax Act, 1961? 1. AO shall conduct enquiry with respect of information which suggest that income chargeable to tax … WebOct 8, 2024 · The Assessing Officer shall, before issuing any notice under section 148 ,— ( a ) conduct any enquiry, if required, with the prior approval of specified authority, with respect to the information which suggests that the income chargeable to … ip as-path-filter