Procedure for Assessment of Search Cases-[Sections 153A, 153B and 153C]

 

Table of Contents:

 

·         1.   [Section 153A(1)(a)]- Notice for Filing Return:

o    Notice can be given for a period beyond the 6th. Assessment Year in certain cases (Fourth proviso to section 153A)

·         2.   [Section 153A(1)(b)]- Assessment in case of Search or Requisition:

·         3.   Separate Assessment of 6 Assessment Years and for the relevant Assessment Year or Years [First proviso to Section 153A]:

o    Notice under section 153A may not be issued for six assessment years and for the relevant assessment year or years in notified cases [Third proviso to section 153A(1)]

·         4.   [Section 153C]- Assessment of Income of any other person

o    (A) Assessment of past 6/10 years, as the case may be

o    (B) Assessment of Previous Year of Search or Requisition

 

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