The time limit for completion of Assessment/ Re-assessment under section 143 and 144 of the Income Tax Act, 1961 is

CS Executive · Tax Laws and Practice · PYQS · December 2018
The time limit for completion of Assessment/ Re-assessment under section 143 and 144 of the Income Tax Act, 1961 is
(A) 24 months from the end of relevant assessment year
(B) 18 months from the end of relevant assessment year
(C) 12 months from the end of relevant assessment year
(D) 9 months from the end of relevant assessment year

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

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