Consultation requirement before ex parte assessments mandates ITO discuss substantial proposed additions with IAC to curb high pitched assessments. Before finalising any ex parte assessment under section 144 that proposes a substantial addition determining total income, the Income-tax Officer must ... Summary
Consultation requirement before ex parte assessments mandates ITO discuss substantial proposed additions with IAC to curb high pitched assessments.
Before finalising any ex parte assessment under section 144 that proposes a substantial addition determining total income, the Income-tax Officer must consult the Income-tax Assistant Commissioner; the Board confirmed that the existing instruction requiring ITO-IAC discussion for such significant proposed additions remains operative and no further instructions are being issued.
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