Assessment and Notice FAQs for Professionals
Quick Reference Box
| Notice Type | Section | Time Limit for Reply | Governing Act |
|---|---|---|---|
| Reassessment show-cause | 148A(b) | 7–30 days | IT Act 1961 (old AYs) |
| Scrutiny selection | 143(2) | As specified | IT Act 1961 / IT Act 2025 |
| Information demand | 142(1) | As specified (usually 15–30 days) | Governing Act for that AY |
| Third-party information | 133(6) | As specified | Governing Act for that AY |
| Defective return | 139(9) | 15 days | Governing Act for that AY |
| NFAC show-cause (faceless) | 144B | As specified | IT Act 2025 (from TY 2026-27) |
| PCIT revision show-cause | 263 | As specified | Governing Act for that order |
Q1. I received a notice under Section 148A(b) for AY 2022-23. Is it time-barred?
Check the limitation very carefully. The time limit for Section 148A notices issued from 01 September 2024 onwards is:
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