Assessment power for unregistered taxpayers permits officers to determine tax liability within the statutory time limit. 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.
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.
Assessment power for unregistered taxpayers permits officers to determine tax liability within the statutory time limit.
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.
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