INCOME TAX: ‘Issue of Notice’ by Competent Authority is contemplated under section 149. However, ‘Service of Notice’ to assessee has not been contemplated under said provision. Thus, ‘time limit’ prescribed for ‘issue of notice’ under section 148 , would not fall under definition of ‘service’ under section 27 of General Clauses Act, 1897. Thus, section 27 of General Clauses Act, 1897 may not have relevance with reference to sections 147, 148 and 149.INCOME TAX: ‘Issue of Notice’ by Competent Authority is contemplated under section 149. However, ‘Service of Notice’ to assessee has not been contemplated under said provision. Thus, ‘time limit’ prescribed for ‘issue of notice’ under section 148 , would not fall under definition of ‘service’ under section 27 of General Clauses Act, 1897. Thus, section 27 of General Clauses Act, 1897 may not have relevance with reference to sections 147, 148 and 149.www.taxmann.com Latest Case LawsRead More
