Sections 135 to 150 of the Income-tax Act, 1961
Reference index covering disclosure of information, return filing, PAN and Aadhaar, self-assessment, inquiry and valuation, faceless assessment, accounting methods, reassessment of escaped income, notices and statutory limitation periods.
The Income-tax Act, 2025 is the current statute for tax years beginning on or after 1 April 2026. However, Section 536(2)(c) expressly preserves the Income-tax Act, 1961 for pending proceedings and for proceedings initiated on or after 1 April 2026 in respect of tax years beginning before that date. Accordingly, assessment and reassessment proceedings for earlier years - including proceedings under Sections 147 to 150 where applicable - continue under the 1961 Act and its procedural and limitation rules.
Authorities, Information & Return Filing - Sections 135 to 140A
- What is the Power of [Principal Director General or] Director General or [Principal Director or] Director, [Principal Chief Commissioner or] Chief Commissioner or [Principal Commissioner or] Commissioner and Joint Commissioner? Is Proceedings before income-tax authorities to be judicial proceedings? Section 135 and 136 of Income Tax Act 1961
- Section 135A Faceless collection of information
- What is Disclosure of information respecting assessees? Section 138 of Income Tax Act 1961
- What is Return of income? Section 139 of Income Tax Act 1961
- What is Permanent account number? Section 139A of Income Tax Act 1961
- Section 139AA Quoting of Aadhaar number
- What is Scheme for submission of returns through Tax Return Preparers? Section 139B of Income Tax Act 1961
- What is Power of Board to dispense with furnishing documents, etc., with return? What is Filing of return in electronic form? Section 139C and 139D of Income Tax Act 1961
- Income Tax Return by whom to be verified? What is Self-assessment? Section 140 and 140A of Income Tax Act 1961
Inquiry, Valuation & Assessment - Sections 142 to 145B
- What is Inquiry before assessment? What is Estimation of value of assets by Valuation Officer? Section 142 and 142A of Income Tax Act 1961
- Section 142B Faceless inquiry or Valuation
- What is Assessment? What is Best judgment assessment? Section 143 and 144 of Income Tax Act 1961
- What is Power of Joint Commissioner to issue directions in certain cases? What is Reference to Commissioner in certain cases? Section 144A and 144BA of Income Tax Act 1961
- Section 144B Faceless Assessment
- What is Reference to dispute resolution panel? Section 144C of Income Tax Act 1961
- What is Method of accounting? What is Method of Accounting in certain cases? Section 145 and 145A of Income Tax Act 1961
Reassessment & Limitation - Sections 147 to 150
- Section 145B Taxability of certain income
- What is Income escaping assessment? What is Issue of notice where income has escaped assessment? What is the procedure for Conducting inquiry, providing opportunity before issue of notice under section 148 Section 147, 148 and 148A of Income Tax Act 1961
- What is Time limit for notice? What are the Provision for cases where assessment is in pursuance of an order on appeal, etc? Section 149 and 150 of Income Tax Act 1961