Become a Govt. Certified GST Practitioner in just 60 hrs. Register Now!

REJECTION OF BOOKS OF ACCOUNTS..

PUSHP KUMAR SAHU (CA FINAL ASPIRANT) (3115 Points)

14 January 2019

IN CASE A.O. REJECTS THE BOOKS OF ACCOUNTS OF A ASSESSE ...THAN IN WHAT SECTION ASSESSMENT ORDER WILL BE PASSED...

Reply
Follow
Share

5 Replies

Nitesh bind (Student CA Final ) (12692 Points)
Replied 15 January 2019

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.

5 Like

Upgrade to CAclubindia Pro. Subscribe Now!

PUSHP KUMAR SAHU (CA FINAL ASPIRANT) (3115 Points)
Replied 15 January 2019

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

1 Like

Nitesh bind (Student CA Final ) (12692 Points)
Replied 15 January 2019

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.

6 Like