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of <h1>Assessing Officer can make best judgment assessment under Section 144 when taxpayers fail filing requirements</h1> Section 144 of the Income Tax Act, 1961 empowers the Assessing Officer to conduct best judgment assessments when taxpayers fail to comply with filing requirements. This applies when a person fails to file required returns, doesn't comply with notices under sections 142 or 143, or fails to meet notice terms after filing returns. The Assessing Officer must consider all relevant material and provide the taxpayer an opportunity to be heard through a show cause notice before completing the assessment. The provision determines total income or loss and calculates tax payable based on the officer's best judgment using available information.
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