| Question And Answer | |
|---|---|
| Subject: | Status of proceedings 148A |
| Category: | Income-Tax |
| Querist: | Sree lekha |
| Answered by: | Advocate Shashi Ashok Bekal |
| Tags: | 148A(d), show cause notice |
| Date: | June 10, 2023 |
Sir,
In a case where the show cause notice is issued u/s 148A of the Act under clause (b) and reply is submitted by the assessee within the time limit specified, even though the due date for passing the order u/s 148A(d) is completed, no action is taken by the assessing officer. What is the status in that case? What is the validity of the proceedings?
Please clarify.
According to section 148A(d) of the Act, the order under the said section should be passed within one month from the end of the month in which the response of the assessee is received against the Notice issued under section 148A(b) of the Act. In the event there is no order stating that it’s a fit case for issuance of Notice under section 148 of the Act, It can be presumed that the response of the assessee is accepted.