1901/1992.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ss involving not only the assessment of the total income, but also the determination of the tax. The Supreme Court has held that the determination of the tax is as crucial as the assessment of total income. It is only when both the assessment order and the tax computation sheet are signed by the assessing officer that the process of assessment is complete. In this context the Supreme Court has int....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... matters of details and arithmetics, there do arise sometimes difficult questions of interpretation of the provisions relating to tax rates, additional tax, interest and so on and the assessee should, in all fairness, have full details regarding the computation to enable him to take further steps in the matter. We hope that the observations made by us would ensure, at least in future, that ITOs....