https://www.taxtmi.com/acts?id=47925 Section eight is amended to replace "Income-tax Officer" with Assessing Officer and to add a provision enabling the Assessing Officer, where an assessee fails to make a return or to comply with a statutory notice, to assess the total chargeable interest to the best of his judgment after considering all relevant material and after giving the assessee an opportunity of being heard by serving a show-cause notice specifying date and time; the opportunity need not be given if an earlier notice has already been issued. en-us Mon, 27 Jan 2025 15:16:23 +0530 Mon, 27 Jan 2025 16:28:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=47925 Section eight is amended to replace "Income-tax Officer" with Assessing Officer and to add a provision enabling the Assessing Officer, where an assessee fails to make a return or to comply with a statutory notice, to assess the total chargeable interest to the best of his judgment after considering all relevant material and after giving the assessee an opportunity of being heard by serving a show-cause notice specifying date and time; the opportunity need not be given if an earlier notice has already been issued. Act-Rules F. Acts / Amendment Acts Mon, 27 Jan 2025 15:16:23 +0530 https://www.taxtmi.com/acts?id=47925