Question ID :
44442
212760
Plse confirm "whether show cause notice is issued now for the AY 2012-13 to reopen the case U/s. 148" is valid..?
Posted by
CA. M. Santhosh Reddy
on
Mar 13, 2023
Filed Under
DIRECT TAXES
Answer ID :
83957
It depends on the amount escaped. If it is less than 50 Lakh then 3 years otherwise 10 years from the end of relevant AY.
Posted by
VINAY BHARGAV KUMAR G on
Mar 18, 2023