Summary assessment reform restricts prima-facie adjustments and authorises inspectors to complete limited routine tax returns. The Finance Act, 1980 removed authority for assessing officers to make prima-facie adjustments in summary assessments, which must now be applied to all summary assessments; bookkeeping-obligation cases without maintained accounts require scrutiny. The Board authorised delegation to Inspectors to complete limited summary assessments as sub-units of ITOs, specifying functions they may perform, exclusions (central/company/special circles and loss returns), staffing, reporting, and that refunds from Inspector assessments be signed by the ITO.
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Provisions expressly mentioned in the judgment/order text.
Summary assessment reform restricts prima-facie adjustments and authorises inspectors to complete limited routine tax returns.
The Finance Act, 1980 removed authority for assessing officers to make prima-facie adjustments in summary assessments, which must now be applied to all summary assessments; bookkeeping-obligation cases without maintained accounts require scrutiny. The Board authorised delegation to Inspectors to complete limited summary assessments as sub-units of ITOs, specifying functions they may perform, exclusions (central/company/special circles and loss returns), staffing, reporting, and that refunds from Inspector assessments be signed by the ITO.
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