https://www.taxtmi.com/acts?id=48764 Clause empowers the Assessing Officer to assess and charge to tax income from the start of the tax year until discontinuance in that same tax year, with separate assessments for each completed tax year or part thereof; requires notice of discontinuance within fifteen days; deems post discontinuance receipts to be taxable in the year of receipt if they would have been includible before discontinuance; and authorises issuance of notices and return requirements analogous to the Act's notice provisions, with tax under this clause being additional to other taxes. en-us Fri, 14 Feb 2025 11:43:57 +0530 Fri, 14 Feb 2025 11:43:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48764 Clause empowers the Assessing Officer to assess and charge to tax income from the start of the tax year until discontinuance in that same tax year, with separate assessments for each completed tax year or part thereof; requires notice of discontinuance within fifteen days; deems post discontinuance receipts to be taxable in the year of receipt if they would have been includible before discontinuance; and authorises issuance of notices and return requirements analogous to the Act's notice provisions, with tax under this clause being additional to other taxes. Act-Rules Bills Fri, 14 Feb 2025 11:43:57 +0530 https://www.taxtmi.com/acts?id=48764