TMI BlogProtective AssessmentX X X X Extracts X X X X X X X X Extracts X X X X ..... le to pay the tax among a few possible persons. Examples of cases where Protective Assessment can be made are: Litigation between two parties concerned in Civil Courts. Possibility of Benami Transaction but still not totally clear Possibility of Diversion of Income to close Kith Kin but still not totally clear. It must, however be noted that while protective assessment is permissible, a protective ..... X X X X Extracts X X X X X X X X Extracts X X X X
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