Provisional assessment required to prevent avoidable interest; prompt scrutiny, registers, six month limit and immediate refunds mandated. Provisional assessments must be made promptly where regular assessments will be delayed to avoid avoidable interest; Category I returns should be scrutinised immediately, cases attracting provisional assessment entered in a separate register under the ITO's custody, and where regular assessment cannot be completed within six months a provisional assessment should be made forthwith, refunds granted immediately, and reasons for delay noted in the file. Supervisory officers will require half-yearly statements of interest paid by the Government exceeding the stipulated threshold to ensure such payments were unavoidable.
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.
Provisional assessment required to prevent avoidable interest; prompt scrutiny, registers, six month limit and immediate refunds mandated.
Provisional assessments must be made promptly where regular assessments will be delayed to avoid avoidable interest; Category I returns should be scrutinised immediately, cases attracting provisional assessment entered in a separate register under the ITO's custody, and where regular assessment cannot be completed within six months a provisional assessment should be made forthwith, refunds granted immediately, and reasons for delay noted in the file. Supervisory officers will require half-yearly statements of interest paid by the Government exceeding the stipulated threshold to ensure such payments were unavoidable.
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