Self-assessment requires registered taxpayers to determine and report tax liability by filing periodic returns under the law. The provision mandates self-assessment as the primary compliance mechanism for registered taxable persons: each registrant is required to calculate the taxes due under the Act for every prescribed tax period and to furnish a return reporting that assessed liability.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Self-assessment requires registered taxpayers to determine and report tax liability by filing periodic returns under the law.
The provision mandates self-assessment as the primary compliance mechanism for registered taxable persons: each registrant is required to calculate the taxes due under the Act for every prescribed tax period and to furnish a return reporting that assessed liability.
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