https://www.taxtmi.com/acts?id=11810 The Assessing Officer must make a written assessment after notice under section 150 by considering the assessee's evidence, audit and valuation reports, transfer pricing and Commissioner or Joint Commissioner directions, and material after hearing. He shall determine payable or refundable sums adjusting prior intimations and treat certain prior payments or refunds as applying to the assessment. If varying income or loss prejudicially, the officer must first send a draft order to the eligible assessee, who has thirty days to accept or object to both the Dispute Resolution Panel and the Assessing Officer; assessment is then completed on the draft order or after lapse of the objection period, subject to one month completion timelines. en-us Fri, 17 Sep 2010 10:57:51 +0530 Fri, 17 Sep 2010 10:57:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11810 The Assessing Officer must make a written assessment after notice under section 150 by considering the assessee's evidence, audit and valuation reports, transfer pricing and Commissioner or Joint Commissioner directions, and material after hearing. He shall determine payable or refundable sums adjusting prior intimations and treat certain prior payments or refunds as applying to the assessment. If varying income or loss prejudicially, the officer must first send a draft order to the eligible assessee, who has thirty days to accept or object to both the Dispute Resolution Panel and the Assessing Officer; assessment is then completed on the draft order or after lapse of the objection period, subject to one month completion timelines. Act-Rules Bills Fri, 17 Sep 2010 10:57:51 +0530 https://www.taxtmi.com/acts?id=11810