"19 March 1971" Archive

Circular No.56-Income tax dated 19/3/1971

Circular No.56-Income tax (19/03/1971)

Circular No.56 - Income tax Under the existing provisions of section 143, a regular assessment can be made on the basis of the return without hearing the assessee or examining his books of account and other evidence only where the Income-tax Officer is satisfied that the return is correct and complete. Sub-section (1) of section 143, pre...

Read More