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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Best judgment assessment u/s 144 - notice u/s.142(1) was ...


Assessment Justified u/s 144 After Non-Compliance with Section 142(1) Notice for Audit Report Submission.

July 15, 2019

Case Laws     Income Tax     AT

Best judgment assessment u/s 144 - notice u/s.142(1) was intimated/served on the assessee informing that failure to produce audit report and books of account, the case shall be disposed of by invoking the provisions of section 145(3) - thus on non-compliance to notice u/s.142(1) AO was compelled to take recourse of provisions of section 144 - order justified

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