Section 144 Best judgment assessment.

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The Tax Publishers 144. Best judgment assessment. [1][(1)] If any person (a) fails to make the return required [2][under sub-section (1) of Section 139] and has not made a return or a revised return under sub-section (4) or sub-section (5) [3][or an updated return under sub-section (8A)] of that section, or (b) fails to comply with all the terms of a notice issued under sub-section (1) of Section 142[4][or fails to comply with a direction issued under sub-section (2A) of that section], or (c) having made a return, fails to comply with all the terms of a notice issued under sub-section (2) of Section 143, the [5][Assessing] Officer, after taking into account all relevant material which the [6][Assessing] Officer has gathered, [7][shall, after giving the assessee an opportunity of being heard, make the assessment] of the total income or loss to the best of his judgment and determine the sum payable by the assessee [8][* * * *] on the basis of such assessment : SUBSCRIBE FOR FULL CONTENT

The Tax Publishers

144. Best judgment assessment.

[1][(1)] If any person

(a) fails to make the return required [2][under sub-section (1) of Section 139] and has not made a return or a revised return under sub-section (4) or sub-section (5) [3][or an updated return under sub-section (8A)] of that section, or

(b) fails to comply with all the terms of a notice issued under sub-section (1) of Section 142[4][or fails to comply with a direction issued under sub-section (2A) of that section], or

the [5][Assessing] Officer, after taking into account all relevant material which the [6][Assessing] Officer has gathered, [7][shall, after giving the assessee an opportunity of being heard, make the assessment] of the total income or loss to the best of his judgment and determine the sum payable by the assessee [8][* * * *] on the basis of such assessment :