Validity of early tax returns: returns filed before assessment year commencement are permissible though may be treated as incomplete. A plain reading of the statutory filing provision indicates no temporal prohibition making returns filed before the assessment year's commencement or before the accounting period's closure invalid. Such early filings are valid but may be incomplete, and where incompleteness is found the prescribed procedural mechanism for addressing defective or incomplete returns should be invoked.
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.
Validity of early tax returns: returns filed before assessment year commencement are permissible though may be treated as incomplete.
A plain reading of the statutory filing provision indicates no temporal prohibition making returns filed before the assessment year's commencement or before the accounting period's closure invalid. Such early filings are valid but may be incomplete, and where incompleteness is found the prescribed procedural mechanism for addressing defective or incomplete returns should be invoked.
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