Instruction regarding tax calculations and assessment order.

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....ulations are not mentioned in the assessment order itself. In giving this decision it followed the decision of the Bombay High Court. In the case of M.N.Kotak Vs. CIT the Karnataka high court held that the fact that the ITO had quantified the tax on a separate sheet annexed to the assessment order would not be sufficient and annulled the assessment and directed the advance tax and self assessment ....

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....ed for following said instructions strictly is reemphasised. 3. However it is observed that the above said instructions of the board are not being strictly followed by the Field officers with the result that in view of the above mentioned judgments and other judicial pronouncements in favour of the assessees, the ITAT may at times go to the extent of annulling an assessment order on the ground ....