Tax Book 2023

Returns and Assessments Chapter- 17

(d) 4 years

Q.15. The Commissioner Inland Revenue may made best judgment assessment on non-filing of return by
the taxpayer by_____.
(a) Without giving notice to the taxpayer
(b) after giving notice and using information / materials available to him
(c) by selecting the audit
(d) All of the above

Q.16. Where a person has to file the wealth statement, the Commissioner Inland Revenue
may__.
(a) give the notice to the respective person to file the wealth statement
(b) Can make a best judgment assessment
(c) Both ‘a’ and ‘b’
(d) None of the above.

Q.17. Assessment order after making the best judgment assessment can be issued only within the period of
___ years after the end of the Tax year or the income year to which it relates.
(a) 5 years
(b) 6 years
(c) 10 years
(d) 3 years

Q.18. First amendment in an assessment can be made by the Commissioner Inland Revenue within the
period of____.
(a) 5 years from the end of the financial year in which return was being furnished.
(b) 5 years from original assessment
(c) 6 years from original assessment
(d) 5 years after the year end

Q.19. The Commissioner Inland Revenue cannot revise the order of___.

(a) any taxation officer

(b) his own

(c) Commissioner (Appeals)

(d) All of the above

Q.20. Under the following cases revision cannot be made___.

(a) Where the time for appeal has not expired

(b) Where the time for appeal has expired

(c) Where the order is pending in an appeal before any of the appellate authorities

(d) Both ‘a’ and ‘c’

Q.21. The Commissioner Inland Revenue is required to pass an assessment order in case of direct relief
case after the appellate decision within _____from the date of receipt of appellate order by
the CIR.
(a) One year
(b) Two year
(c) Two months
(d) None of the above