https://www.taxtmi.com/acts?id=11829 Assessing Officer may charge to tax the tax bases of a business for the period from the first day of the financial year to the date of discontinuance; the person discontinuing must notify the Assessing Officer within the prescribed period; post-discontinuance receipts are deemed income if they would have been included in the former operator's tax bases; the Assessing Officer may require a return of tax bases within a specified minimum period, serve notice on prescribed representatives, proceed to assessment after return or expiry, and the tax under this section is additional to other Code liabilities. en-us Fri, 17 Sep 2010 11:14:47 +0530 Fri, 17 Sep 2010 11:14:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11829 Assessing Officer may charge to tax the tax bases of a business for the period from the first day of the financial year to the date of discontinuance; the person discontinuing must notify the Assessing Officer within the prescribed period; post-discontinuance receipts are deemed income if they would have been included in the former operator's tax bases; the Assessing Officer may require a return of tax bases within a specified minimum period, serve notice on prescribed representatives, proceed to assessment after return or expiry, and the tax under this section is additional to other Code liabilities. Act-Rules Bills Fri, 17 Sep 2010 11:14:47 +0530 https://www.taxtmi.com/acts?id=11829