As per section 176 of Income Tax Act, 1961 where any business or profession is discontinued in any assessment year than as per section 176(3), person discontinuing their business or profession shall give to the A.O. a no
CS Executive · Tax Laws and Practice · PYQS · December 2020
As per section 176 of Income Tax Act, 1961 where any business or profession is discontinued in any assessment year than as per section 176(3), person discontinuing their business or profession shall give to the A.O. a notice of such discontinuance within ______ thereof.
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Assessment Procedures
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