web analytics

If Assessee failes to co-operate with Assessing Officer, then AO is left with no option but to do  assessment as per his best judgement. This is called Best judgement Assessment

It is done by A.O. in following cases

  1. Assessee fails to file return [u/s 139]
  2. Notice has been Served on Assesse to file ITR u/s 142 but he fails to do .
  3. Fails to comply with notice u/s 143 (2) Scrutiny Notice .
  4. AO has asked for Compulsory Audit of Accounts but he fails to do so .

In all these cases A.O. makes Assessment to the best of his judgement and determines tax payable, if any, by Assessee.

  1. Income Tax
  2. Return of Income
Ask Download

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
Jail