Meaning of tax terms

Meaning of “Assessment made under this act”

Posted on by Prashant Thakur

Case Name : Raleigh investment co. Ltd. V. Governor-general in council 

Citation : [1947] 15 itr 332 (pc)

Court : Pondicherry high court

Section : 293

Meaning :  The meaning of the phrase ‘assessment made under this act’ is an assessment finding its origin in an activity of the assessing officer acting as such.

Prashant Thakur

The author has spent twenty years with Income Tax department and desire to service common citizen of India which include professionals like tax practioners ,CA,ICMA, CS and tax lawyers by advising them on the direct tax matters for a very affordable fee.

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