ASSESSMENT, APPEAL AND

REVISSION
PROCEDURE AND TIME LIMITS
SELECTION OF CASES FOR ASSESSMENT

• CASS – COMPUTER ASSISTED SCRUTINY

SELECTION
• COMPULSORY CASES AS PER DEPARTMENTAL
GUIDELINE
• CASES APPROVED BY CCIT
 ISSUE OF NOTICE U/S 143(2)
• NOTICE TO BE SERVED BEFORE EXPIRY OF SIX
MONTHS FROM THE END OF RETURN FILING
YEAR.
 OTHER PROCEDURES
• REQUISITION U/S 142(1)(ii)/(iii)
• ENQUIRY U/S 142(2)
• SPECIAL AUDIT U/S 142(2A)
• GATHERING INFORMATION U/S 133(6)
• APPLYING POWER U/S 131
• BY MAKING REFERENCE TO VALUATION
OFFICER U/S 142A
 ORDER U/S 143(3)
• CONSIDERING ALL INFORMATION/RECORDS
• GIVING PROPER OPORTUNITY TO THE
ASSESSEE-
• WILL PASS ORDER DETERMINING TOTAL
INCOME/ LOSS/ TAX AND INTEREST LIABILITY
• ISSUE ORDER/ DEMAND NOTICE/ REFUND.
 REASSESSMENT U/S 148
• IN CASE OF ESCAPED INCOMES
• NOTICE U/S 148
• UPTO FOUR YEARS AFTER THE RELEVANT A.Y. IF
ESCAPED INCOME IS BELOW ONE LAKH
• 6 YEARS FOR ESCAPED INCOME IS ABOVE 1 LAKH
• 16 YEARS FOR FOREIGN ASSET CASES
• SANCTION BY RANGE HEAD(UPTO 4 YEARS) OR
BY CIT/CCIT(BEYOND 4 YEARS)
 REVISION U/S 263/264
BY CIT
• SEC 263- WHEN ORDER BY AO IS ERRONEOUS AND
PREJUDICIAL FOR REVENUE.
• TO BE PASSED WITHIN TWO YEARS AFTER ORDER YEAR
• SEC 264 – TO DEAL CASES OF ORDERS PREJUDICIAL TO
ASSESSEE
• TO BE PASSED WITHIN ONE YEAR AFTER APPLICATION
YEAR
• WHEN STARTED SUO MOTO- WITHIN ONE YEAR AFTER
THE ORDER YEAR.
 APPEAL TO CIT(APPEALS)
• FILED U/S 246A
• FILED IN FORM 35 WITH STATEMENTS OF FACTS AND
GROUNDS OF APPEAL
• TO BE FILED WITHIN 30 DAYS OF SERVICE OF DEMAND
NOTICE.
• CIT(A) CAN CONFIRM, REDUCE, ENHANCE OR ANNUL
THE ASSESSMENT.
• FOR PENALTY ORDERS- CAN
CONFIRM/CANCEL/ENHANCE/REDUCE.
• ORDER PASSED U/S 250
 TIME LIMIT- SEC 153
• 21 MONTHS FROM END OF THE A.Y.
• 18 MONTHS FOR A.Y. 2018-19
• 12 MONTHS FOR A.Y. 2019-20 ONWARDS
• FOR 147 ASSESSMENT, 9 MONTHS AFTER 148
NOTICE SERVICE YEAR
• FOR SERVICE YEAR 2019-20 ONWARDS, 12
MONTHS
TIME LIMIT- SEC 153, OTHER CASES
• FRESH ASSESSMENT FOLLOWING 254, 263, 264 ORDERS
– 9 MONTHS(12 MONTHS FROM 2019-20 ONWARDS)
• ‘APPEAL EFFECT’ ETC. TO BE GIVEN WITHIN 3 MONTHS
(WITH PERMISSION OF CIT 6 MONTH EXTENSION)-
EFFECT TO FINDINGOR DIRECTION- 12 MONTHS.
• IF VERIFICATION/OPORTUNITY NEEDED- AS PAR THE
FIRST PARA.
• PARTNER’S ASSESSMENT FOLLOWING FIRM’S
ASSESSMENT – 12 MONTHS AFTER FIRM’S
ASSESSMENT MONTH.
THANK YOU