Time limit prescribed for issuance of notice under section 143(2)(i) or 143(2)(ii) of IT Act

RELEVANT PARAGRAPHS: 8. We have considered he submissions made by both the sides, material on record and orders of the authorities below. We find that the question, before US, is whether limited scrutiny proceedings and regular scrutiny proceedings are independent of each other or not and, therefore, notice issued for limited scrutiny into a regular scrutiny where time to issue notice u/s 143(2)(ii) has expired or not. We find that Legislature introduced limited scrutiny for a limited period and provided for requirement of issue of notice therefore independently where in the Assessing Officer ...