https://www.taxtmi.com/acts?id=11811 Best judgment assessment allows the Assessing Officer to determine the tax basis when the assessee fails to furnish returns, comply with notices or directions, depart from prescribed accounting methods or notified accounting standards, or where accounts appear incorrect or incomplete. The officer must consider all relevant material on record when making the assessment. en-us Fri, 17 Sep 2010 10:58:04 +0530 Fri, 17 Sep 2010 10:58:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11811 Best judgment assessment allows the Assessing Officer to determine the tax basis when the assessee fails to furnish returns, comply with notices or directions, depart from prescribed accounting methods or notified accounting standards, or where accounts appear incorrect or incomplete. The officer must consider all relevant material on record when making the assessment. Act-Rules Bills Fri, 17 Sep 2010 10:58:04 +0530 https://www.taxtmi.com/acts?id=11811