Just a moment...
AI-powered research trained on the authentic TaxTMI database.
Launch AI Search →Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
<h1>Assessment power for unregistered taxpayers permits officers to determine tax liability within the statutory time limit.</h1> The competent officer may make a best-judgment assessment to determine tax liability of a person who failed to obtain registration, issuing an assessment order for the relevant tax periods; such an order must be issued within a statutory limitation measured from the due date for furnishing the annual return for the financial year to which the non-payment relates.