CS Professional · Advanced Direct Tax Laws and Practice · Assessment
A company files its return for a tax year in January of the financial year. Under section 270 of the Income-tax Act, 2025, by when must an intimation after processing be sent, and by when must a notice for scrutiny assessment (sub-section (8)) be served?
The processing intimation must be sent within nine months from the end of the financial year in which the return is made, while the scrutiny notice must be served within three months from the end of the financial year in which the return is furnished.
- AIntimation within nine months from the end of the financial year of filing; scrutiny notice within three months from the end of that financial yearCorrect
- BIntimation within three months from the end of the financial year of filing; scrutiny notice within nine months from the end of that financial year
- CBoth within nine months from the end of the financial year of filing
- DBoth within three months from the end of the financial year of filing
Explanation
Section 270(4) bars an intimation after nine months from the end of the financial year in which the return is made. Section 270(9) bars a notice under sub-section (8) after three months from the end of the financial year in which the return is furnished. The reversed option swaps the two periods.
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