into force; (11) "assessment" means determination of tax liability under this Act and includes self-assessment, re-assessment, provisional assessment, summary assessment and best judgement
Central Goods and Services Tax Act, 2017
64. Summary assessment in certain special cases.
(1) The proper officer may, on any evidence showing
without any summary assessment, for the assessment year 1988-89 governed by the earlier provisions, there was a provision for summary assessment under Section ... assessment for the assessment year 1988-89, i.e., prior to April 1, 1989, or in the course of intimation for the next two assessment
regular assessment, if any, for the earlier assessment year or years. [It may, however, be noted that in making a summary assessment, the record ... assessment.
and also in circular No. 281 dated 22-9-1980, para 27.2 of which reads as under:
27.2 The assessment made under the summary
above claim is made, then the payment made under the summary assessment would be treated as a payment in advance of the tax leviable ... assessment year. If no claim envisaged under Sub-section (7) of Section 172 is made before the expiry of the relevant assessment year, the summary
said Section would show that Section 172(4)
postulates a summary assessment of payment of tax payable under
Section 172 before the ship leaves India ... regular assessment be made. On regular assessment
being framed, the assessee was found entitled to refund, since the
income assessed under the regular assessment
considered two aspects of the
matter which were subject matter of summary assessment under section ... regular assessment, if any, for the earlier assessment year or years."
11. It is clear that an assessment under section
originally stood, the AO was required to make a summary assessment. After the amendment under the Direct Tax Laws (Amendment) Act, 1987, effective from ... April, 1989, the scheme of summary assessment was omitted along with the assessee's right to object to the summary assessment, and only
would not apply to a summary assessment made under section 172 of the Act and further the reassessment made was barred by time-limit prescribed ... assessment, but to make an assessment on the agent treating him as a representative assessee for the non-resident principal in the normal assessment channel
attaches very great importance to the successful implementation of the 'Summary Assessment Scheme', so that the genuine small taxpayers, who form nearly ... cent. of all assessments to be completed under the 'Summary Assessment Scheme' and only a small percentage of cases are selected
