Assessment.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 51, if any; (c) the report of the valuation officer, if any; (d) the order of the Transfer Pricing Officer, if any; (e) the direction of the Commissioner under section 154, if any; (f) the direction of the Joint Commissioner under section 157, if any; and (g) the material in his possession, in respect of which an opportunity of being heard has been provided to the assessee. (2) The Assessing Offic .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Code, in the first instance, forward a draft of the proposed order of assessment (hereinafter in this section referred to as the draft order) to the eligible assessee if he proposes to make any variation in the income or loss returned which is prejudicial to the interests of such assessee. (5) On receipt of the draft order, the eligible assessee may, within a period of thirty days of the receipt b .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d under sub-section (2) of section 158, the Assessing Officer shall, in conformity with the directions, complete the assessment within a period of one month from the end of the month in which the direction is received notwithstanding anything in section 163, without providing any further hearing in the matter. (9) In this section, "eligible assessee" means— (a) any person in whose case the variati .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X