10-mark question · Part C · Law of Taxation

The assessee, during the financial year 2012-13, estimated his income and calculated the tax which is around Rs. 15,000. The assessee did not pay any advance tax as envisaged under the Income Tax Act, nor he had any TDS. He paid the entire tax as self assessment tax and filed the returns before the due date. As an assessing officer, while assessing and passing the assessment order, how will you impose the tax as per the provisions of the Income Tax Act?

Appeared in

• Law of Taxation · July/August 2019 Mapped paper Download
• Law of Taxation · May/June 2019 Mapped paper Download
• Law of Taxation · August/September 2013 Mapped paper Download

Mapped topics

• Previous year, assessment year and the charging section — Unit I
• Salary and income from house property — Unit II
• Returns, assessment, reassessment and collection — Unit IV

Mapped case laws