What is the procedure adopted for making the assessment under sec 143(3) of Income Tax Act i.e. scrutiny assessment? In case of Assessment under section 143(3) of Income tax act, a scrutiny is carried out to confirm the correctness and genuineness of various claims, deductions, etc., made by the taxpayer in the return of income. […]
Tag: scrutiny assessment
What is the time limit for making the assessment under section 143(3)of income tax act i.e. scrutiny assessment? || Section 143 (3) Assessment mean
What is the time limit for making the assessment under section 143(3)of income tax act i.e. scrutiny assessment? Section 143 (3) Assessment mean:- This is a detailed assessment and is referred to as scrutiny assessment. At this stage, a detailed scrutiny of the Income tax return of income will be carried out. The scrutiny is […]