An assessment order under section 143(3) dated 15-9-2016 was served on the assessee on 25-9-2016. The Commissioner wants to make a revision of the order passed under section 143(3) by invoking section 263. The time limit

CS Executive · Tax Laws and Practice · PYQS · June 2017
An assessment order under section 143(3) dated 15-9-2016 was served on the assessee on 25-9-2016. The Commissioner wants to make a revision of the order passed under section 143(3) by invoking section 263. The time limit for passing revision order under section 263 is :
(A) 31st March, 2017
(B) 31st March, 2018
(C) 31st March, 2019
(D) 26th Sep., 2020

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax

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