Substitution of total income when a later payment-based or provisional assessment shows higher taxable income, altering prior computation. Substitution of the total income under clause (d) is required when a later previous year's income, determined either by payment-based assessment or provisional assessment, exceeds the income originally used; the original total income is replaced by the later year's total or, if both assessments apply to the same year, by the higher. Additionally, if an amended assessment order is made on the basis of such payment-based or provisional assessment income, the original total income is substituted by the income on which the amended order is made.
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.
Substitution of total income when a later payment-based or provisional assessment shows higher taxable income, altering prior computation.
Substitution of the total income under clause (d) is required when a later previous year's income, determined either by payment-based assessment or provisional assessment, exceeds the income originally used; the original total income is replaced by the later year's total or, if both assessments apply to the same year, by the higher. Additionally, if an amended assessment order is made on the basis of such payment-based or provisional assessment income, the original total income is substituted by the income on which the amended order is made.
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