Section 143 2
The notice u s 143 2 is issued with the aim of ensuring that the taxpayers has not understated any income or shown excessive loss or has paid lower tax.
Section 143 2. Section 143 2 the proviso to section 143 2 ii of the act prescribes the service of notice on the assessee within a particular period as a pre requisite to enable the ao to complete an assessment other than summary assessment. Latest news budget 2020. A notice under section 143 2 is a chance provided by the income tax department to defend them and clear out the irregularities with the supporting documents.
This notice is also known as scrutiny notice moreover notice u s 143 2 can only be issued if income tax return has been filed by the taxpayer.
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