Assessment of non filers: best judgment assessments may be made, but filing soon after can withdraw the order while interest and late fees persist. Where a registered person fails to furnish the return after notice, the proper officer may make a best judgment assessment using relevant material and issue an assessment order within the statutory limitation period measured from the annual return filing date; if a valid return is filed within thirty days of that order, the assessment is deemed withdrawn but interest and late fee liabilities continue.
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 of non filers: best judgment assessments may be made, but filing soon after can withdraw the order while interest and late fees persist.
Where a registered person fails to furnish the return after notice, the proper officer may make a best judgment assessment using relevant material and issue an assessment order within the statutory limitation period measured from the annual return filing date; if a valid return is filed within thirty days of that order, the assessment is deemed withdrawn but interest and late fee liabilities continue.
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