Pre-assessment directions require draft assessment and binding Inspector review when substantial proposed additions prompt objections and hearing. Section 144B empowers the Inspecting Assistant Commissioner to issue pre-assessment directions where proposed additions or disallowances in a draft assessment exceed a Board fixed threshold; the Income tax Officer must serve a draft order, the assessee may object within seven days (with a limited extension), objections are forwarded to the Inspecting Assistant Commissioner who examines records, gives a hearing if directions would be prejudicial, and issues directions that are binding on the Income tax Officer. The Board may fix and vary the monetary threshold and set different amounts by area.
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.
Pre-assessment directions require draft assessment and binding Inspector review when substantial proposed additions prompt objections and hearing.
Section 144B empowers the Inspecting Assistant Commissioner to issue pre-assessment directions where proposed additions or disallowances in a draft assessment exceed a Board fixed threshold; the Income tax Officer must serve a draft order, the assessee may object within seven days (with a limited extension), objections are forwarded to the Inspecting Assistant Commissioner who examines records, gives a hearing if directions would be prejudicial, and issues directions that are binding on the Income tax Officer. The Board may fix and vary the monetary threshold and set different amounts by area.
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