https://www.taxtmi.com/article/detailed?id=14054 Section 62 allows a proper officer to make a best judgment assessment where returns are not filed and provides that if a valid return is furnished within sixty days of service of that assessment the order is deemed withdrawn, though interest and late fee liabilities remain; a further sixty day extension is possible on payment of an additional daily late fee. The five year assessment period runs from the end of the financial year to which the unpaid tax relates, and officers may consider applications to condone delay and permit filing subject to interest and penalty. en-us Tue, 08 Apr 2025 08:31:44 +0530 Tue, 08 Apr 2025 08:31:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14054 Section 62 allows a proper officer to make a best judgment assessment where returns are not filed and provides that if a valid return is furnished within sixty days of service of that assessment the order is deemed withdrawn, though interest and late fee liabilities remain; a further sixty day extension is possible on payment of an additional daily late fee. The five year assessment period runs from the end of the financial year to which the unpaid tax relates, and officers may consider applications to condone delay and permit filing subject to interest and penalty. Articles Goods and Services Tax - GST Tue, 08 Apr 2025 08:31:44 +0530 https://www.taxtmi.com/article/detailed?id=14054