Section 144 - Best judgment assessment - Income-tax Act, 1961
Extract
..... return, fails to comply with all the terms of a notice issued under sub-section (2) of section 143, the 4 [Assessing] Officer, after taking into account all relevant material which the 5 [Assessing] Officer has gathered, 6 [shall, after giving the assessee an opportunity of being heard, make the assessment] of the total income or loss to the best of his judgment and determine the sum payable by the assessee 7 [* * *] on the basis of such assessment : 8 [Provided that such opportunity shall be gi .....
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Section 144 - Best judgment assessment - Income-tax Act, 1961
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..... 4-1989. 2. Substituted for by any notice given under sub-section (2) of section 139 by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989. 3. Inserted by the Taxation Laws (Amendment) Act, 1975, w.e.f. 1-4-1976. 4. Substituted for Income-tax by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988. 5. Substituted for Income-tax by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988. 6. Substituted for shall make the assessment by the Direct Tax Laws (Amendment) Act, 1987, w.e .....
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Section 144 - Best judgment assessment - Income-tax Act, 1961
S.O.2044 - Dated: 4-6-1979 - Supersedes Notification No. 2381 (F. No. 279/42/ 77-ITJ), dated the 7th July, 1979
2133 - Dated: 7-7-1978 - Central Board of Direct Taxes, having regard to the nature of the cases, the complexities involved and other relevant considerations, hereby directs that any assessee aggrieved by any of the following orders
