REJECTION OF BOOKS OF ACCOUNTS..

The Assessment shall be done under that section under which it was Pending BUT THE MANNER PROVIDED under Best Judgement Assessment u/s 144 shall be taken. Only the manner shall be taken but Assessment order shall be passed under the same section under which it was pending.

CAN A.O. PASS THE JUDGEMENT UNDER SECTION 144 ...EXPARTE ORDER

A.O shall pass the order under which the Assessment was pending.

Best Judgement Assessment can be done only under 4 cases:

1. Failure to Furnish Return u/s 139(1) & no belated return is filed till the best judgement assessment.

2. Failure to comply with 142(1)(i) /142(1)(ii)

3. Failure to comply with Special Audit Direction u/s 142(2A)

4. Failure to comply with notice u/s 143(2)


This is the Exhaustive List of failures due to which the A.O. may proceed with the Best Judgement Assessment u/s 144.

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