Law

Procedure For Assessment of Income Tax in India

advtanmoy 27/11/2017 2 minutes read

Income Tax Act 1961

Section – 139 : Return of income
Section – 139A : Permanent account number42
Section – 139AA : Quoting of Aadhaar number
Section – 139B : Scheme for submission of returns through Tax Return Preparers
Section – 139C : Power of Board to dispense with furnishing documents, etc., with return
Section – 139D : Filing of return in electronic form
Section – 140 : Return by whom to be 72[verified]
Section – 140A : Self-assessment
Section – 141 : Provisional assessment
Section – 141A : Provisional assessment for refund
Section – 142 : Inquiry before assessment
Section – 142A : Estimation of value of assets by Valuation Officer
Section – 143 : Assessment
Section – 144 : Best judgment assessment
Section – 144A : Power of88[Joint Commissioner] to issue directions in certain cases
Section – 144B : Reference to Deputy Commissioner in certain cases
Section – 144BA : Reference to 97[Principal Commissioner or] Commissioner in certain cases
Section – 144C : Reference to dispute resolution panel
Section – 145 : Method of accounting
Section – 145A : Method of accounting in certain cases
Section – 146 : Reopening of assessment at the instance of the assessee
Section – 147 : Income escaping assessment
Section – 148 : Issue of notice where income has escaped assessment
Section – 149 : Time limit for notice
Section – 150 : Provision for cases where assessment is in pursuance of an order on appeal, etc.
Section – 151 : Sanction for issue of notice
Section – 152 : Other provisions
Section – 153 : Time limit for completion of assessment, reassessment and recomputation
Section – 153A : Assessment in case of search or requisition
Section – 153B : Time limit for completion of assessment under section 153A
Section – 153C : Assessment of income of any other person
Section – 153D : Prior approval necessary for assessment in cases of search or requisition
Section – 154 : Rectification of mistake
Section – 155 : Other amendments
Section – 156 : Notice of demand
Section – 157 : Intimation of loss
Section – 158 : Intimation of assessment of firm

Tags: Taxation