https://www.taxtmi.com/caselaws?id=176190 Failure to file a return in the prescribed manner, including required verification and signature, was treated as a failure to furnish a valid return, justifying best judgment assessment under section 23(4) of the Income-tax Act, 1922. The Court held that section 23(4) does not depend in every case on non-compliance with section 22(4), and that "assessment" under that provision includes determination of tax payable, so a notice of demand under section 29 may validly follow. An unsigned and unverified return was not regarded as merely an incomplete return under section 23(2), because the defect went to the existence of a proper return itself. The reference was answered in favour of the Revenue. en-us Fri, 27 Oct 1933 00:00:00 +0530 Wed, 16 Dec 2015 14:55:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176190 Failure to file a return in the prescribed manner, including required verification and signature, was treated as a failure to furnish a valid return, justifying best judgment assessment under section 23(4) of the Income-tax Act, 1922. The Court held that section 23(4) does not depend in every case on non-compliance with section 22(4), and that "assessment" under that provision includes determination of tax payable, so a notice of demand under section 29 may validly follow. An unsigned and unverified return was not regarded as merely an incomplete return under section 23(2), because the defect went to the existence of a proper return itself. The reference was answered in favour of the Revenue. Case-Laws Income Tax Fri, 27 Oct 1933 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176190