Sec 2(11) – Assessment

You are here :Home>Bare Law>Sec 2(11) – Assessment
Sec 2(11) – Assessment 2017-04-14T02:11:22+00:00
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • AdminAdmin
    Keymaster
    Post count: 130
    Topics: 129
    Replies: 1
    Been thanked: 1 time
    #1019 |

    “assessment” means determination of tax liability under this Act and includes self-assessment, re-assessment, provisional assessment, summary assessment and best judgment assessment;

    Priya MadrechaPriya Madrecha
    Moderator
    Post count: 280
    Topics: 4
    Replies: 276
    Been thanked: 1 time

    The types of assessment covered under the Act are:

    • Self-assessment (Section 59)
    • Provisional assessment (Section 60)
    • Summary assessment (Section 62) including best judgement assessment The CGST Act also provides for determination of tax liability by:
    • Scrutiny of returns filed by registered persons (Section 61)
    • Assessment of non-filers of returns (Section 62)
    • Assessment of un-registered persons (Section 63)

    It may, however, be noted that there is no provision permitting a Proper Officer to re-assess the tax liability of taxable person. As such, reference to such re-assessment in the definition may have to be suitably read down.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.