Which section provides for best judgement assessment?
ASection 144
BSection 143(1)
CSection 148
DSection 270A
Answer & Solution
Correct answer: A. Section 144
Best judgement assessment is made under section 144.
Keep practising Income Tax: Computation under Alternative Tax Regimes
Browse all Income Tax: Computation under Alternative Tax Regimes questions for CA Inter, or explore more Taxation topics.
Related questions
Donations to charity qualify for deduction under which section?Which section allows a deduction for health insurance premium?Interest paid on a student loan is deductible under which section?Which section covers scrutiny assessment?The penalty for concealment under section 271(1)(c) ranges overWhat share of tax is the 270A penalty when income is merely under-reported?Misreporting of income under 270A draws a penalty equal to what share of tax?A defect flagged under section 139(9) must be rectified within