Site navigation

Under section 282(1) of the Income-tax Act, 2025, a notice under section 280 for income escaping…

Section 282(1)(a) sets the normal limit at four years and three months from the end of the relevant tax year. Under section 282(1)(b), a notice may go up to six years and…

Choose your answer

Under section 282(1) of the Income-tax Act, 2025, a notice under section 280 for income escaping assessment may be issued after four years and three months, but not more than six years and three months, from the end of the relevant tax year

Select one answer
Answer and explanation

Correct answer B

Section 282(1)(a) sets the normal limit at four years and three months from the end of the relevant tax year. Under section 282(1)(b), a notice may go up to six years and three months only where the Assessing Officer has books, documents or evidence showing escaped income of "fifty lakh rupees or more". Section 282(3) also bars any such notice within one year from the end of the tax year.

Practice for these exams

Related exam syllabi

Related questions in this topic