Can the Assessing Officer do rectification under Section 154 of the Income Tax Act beyond the 4-year under Section 154(7)? In normal course, Income Tax Act typically allows rectifications to be made within four years from the end of the financial year in which the order was passed. However, there is one CBDT Circular which…

The post Can the Assessing Officer do rectification under Section 154 of the Income Tax Act beyond the 4-year under Section 154(7)?   appeared first on The Tax Talk.

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