The time limit for issue of notice u/s 148, when income in relation to any asset worth ₹80 lacs located outside India, chargeable to tax has escaped assessment is from the end of the relevant assessment year :
CS Executive · Tax Laws · PYQS · June 2022
The time limit for issue of notice u/s 148, when income in relation to any asset worth ₹80 lacs located outside India, chargeable to tax has escaped assessment is from the end of the relevant assessment year :
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Income Tax Act, 1961
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