Tag: Notice u/s 142(1)

CBDT prescribes Income Tax Authority other than Assessing Officer who can also issue notice u/s 142(1)  CBDT has notified the Income-tax (29th Amendment) Rules, 2021. They shall come into force from the date of its publication in the Official Gazette. The amendment has inserted Rule 12F in the …

Further Extension of timeline for completing assessments in Operation Clean Money cases where no return filed in response to notice u/s.142(1) and assessment has to be completed u/s 144 CBDT earlier extended the time-line for completion of assessments u/s 144 of the Act in OCM cases where no …