Acknowledgment of return requires assessing officer to issue receipt acknowledgement promptly upon receiving tax-basis returns for the relevant financial year. Clause 148 requires that on receipt of any return of tax bases for a financial year, the Assessing Officer or any person authorised by the Board shall ... Summary
Acknowledgment of return requires assessing officer to issue receipt acknowledgement promptly upon receiving tax-basis returns for the relevant financial year.
Clause 148 requires that on receipt of any return of tax bases for a financial year, the Assessing Officer or any person authorised by the Board shall issue an acknowledgement for receipt of the return, establishing a mandatory administrative confirmation in the assessment procedure.
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