Assessment U/s 144 - Best Judgement

Assessee has received the assessment order u/s 144 - Best Judgement where ITO has mentioned that he has been following up with the Assessee since last 2 years & has sent atleast 6-7 notices. However the Assessee has received only 2-3 notices which are sent latest. He had apeared before the ITO twice but failed to convinced him due to lack of documentary evidence.

Today, Assessee has all the documentary evidence which can prove that the order passed is not correct. But before he could present his case, the order is passed. He has been asked to appear before him with duly filled Form 35.

Pls suggest what to do?

Replies (6)

form 35 is for appeal. You can file appeal against the order and provide all the documentary evidence during the course of appeal with CIT A.

the assessee can file revision petition u/s 264 only if he dont file for appeal.

Either appeal or revision by Commissioner u/s 264, but not both, will be the solution.  There is nothing more that the Assessing Officer can do now.

Thanks for your answers.

But say, AO is asking to deposit some percentage of the demand say 50% to be deposited before appearig for the appeal.

Pls throw some light on this. Is there any remedy whereby Assessee can avoid deposit of such money? Is this 50% is prescribed somewhere in the IT Act or it is general practise.

first of all file revision petition and then go for appeal bcoz as per CASELAW once u r in appeal doors of revision are closed,,bt vice versa is nt applicable...........

Best Judgment Assessment as the name indicates Best Judgment Assessment means the computation of income and tax is undertaken by the AO himself

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details