Income tax assessment u/s 147

Radhakrishnan K.V. (Querist) 13 October 2013 This query is : Resolved
Is there any instance in which income tax was first assessed invoking section 147 in respect of an assessee who failed to file return under sec.139 and assessment u/s 144 became time barred as per section 153?

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Surrender K Singal (Expert) 14 October 2013
Even invoking 147 is time bound !

Rajendra K Goyal (Expert) 14 October 2013
Academic query.

C. SANJEEVA RAO (Expert) 15 October 2013
You query should be in detail,if assessing authority having ample information with him, he can invoke the provisions of section 147 by obtaining permission from the Commissioner of income-tax, as prevailed in section 153 of the Income-tax act, even the assessee has not filed the return under section 139, however for your reference please refer 356 ITR 17(2013)

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