Delegation of notice power: senior tax officers may rely on an assessing officer's recorded reasons and need not issue notices. Amendment inserts an Explanation declaring that if the Joint Commissioner, Commissioner or Chief Commissioner is satisfied by the Assessing Officer's ... Summary
Delegation of notice power: senior tax officers may rely on an assessing officer's recorded reasons and need not issue notices.
Amendment inserts an Explanation declaring that if the Joint Commissioner, Commissioner or Chief Commissioner is satisfied by the Assessing Officer's recorded reasons about the fitness of a case for issuing a reassessment notice, the senior officer need not himself issue the notice; this declaration is deemed to operate retrospectively from the specified past date.
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