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of <h1>Income Tax Officers Must Conduct Provisional Assessments u/s 141A if Regular Assessments Delay Beyond Six Months.</h1> The circular outlines the obligation of Income Tax Officers to conduct provisional assessments under Section 141A of the Income Tax Act, 1961, if regular assessments are not completed within six months. This requirement, effective from April 1, 1971, was introduced by the Taxation Laws Act, 1970. Officers must promptly make provisional assessments and refund any excess tax paid to enhance the department's reputation among taxpayers. Although no specific deadline is set for these provisional assessments post the six-month period, the Board emphasizes their timely execution to ensure taxpayer satisfaction.
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