Show-cause under Section 148A(b) gives:
ANot less than 7 days (extendable)
B30 days
C60 days
D15 days fixed (per relevant Section)
Answer & Solution
Correct answer: A. Not less than 7 days (extendable)
1. Section 148A (FA 2021): AO must conduct inquiry and issue show-cause before 148 notice.
2. Show-cause under 148A(b): not less than 7 days (extendable up to 30 days).
3. After response, AO must pass order under 148A(d) before 148 notice.
_Source: ICAI BoS CA Final Paper 7, Ch 15 "Assessment Procedure"_
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