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Punjab Sales Tax on Services Act, 2012 QUESTION #2561
Question 1
Section 52(4) requires that any order for determination of tax under sub-section (3) shall be made within what period from the end of the financial year in which the show-cause notice is issued?
  • Six months
  • Nine months
  • One year✔️
  • Two years
Correct Answer Explanation
Section 52(4) as substituted by Punjab Finance Act, 2022 provides that any order under subsection (3) shall be made within ONE YEAR from the end of the financial year in which the show-cause notice is issued.