CS Professional · Advanced Direct Tax Laws and Practice · Assessment
A return is filed on 10 August 2027, within the due date, for a tax year. Under section 270(9) of the Income-tax Act, 2025, what is the last date by which the Assessing Officer can serve a notice under section 270(8), assuming the financial year in which the return is furnished is 2027-28?
The last date is 30 June 2028. The three-month limit runs from the end of the financial year in which the return is furnished, which is 31 March 2028. Nine months would apply only to intimations under processing, not scrutiny notices.
- A31 March 2028
- B30 June 2028Correct
- C31 December 2028
- D9 November 2027
Explanation
Section 270(9) allows a notice up to three months from the end of the financial year in which the return is furnished. The financial year ends on 31 March 2028, so three months later is 30 June 2028. 31 December 2028 wrongly applies nine months, which is the intimation limit. 31 March 2028 ignores the three months, and 9 November 2027 counts from the filing date.
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