Assessment and Audit
- Who is the person responsible to make assessment of taxes payable under the Act?
- Is there any provision in MGL for tax treatment of goods returned by the recipient?
- Example of tax payable on return of inward supply
- When can a taxable person pay tax on a provisional basis?
- What is the latest time by which final assessment is required to be made?
- Where the tax liability as per the final assessment is higher than in provisional assessment, will the taxable person be liable to pay interest?
- What recourse may be taken by the officer in case proper explanation is not furnished for the discrepancy detected in the return filed under section 45 of MGL?
- Whether Proper Officer is required to give any notice to taxable person before completing assessment u/s 46?
- If a taxable person fails to file the return required under law (under section 27 or 31), what legal recourse is available to the tax officer?
- Under what circumstances can a best judgment assessment order issued under section 46 be withdrawn?
- What is the time limit for passing order u/s 46 and 47?
- What is the legal recourse available in respect of a person who is liable to pay tax but has failed to obtain registration?
- Under what circumstances can a tax officer initiate Summary Assessment?
- Other than appellate remedy, is there any other recourse available to the taxpayer against a summary assessment order?
- Is summary assessment order to be necessarily passed against the taxable person?
- Who can conduct audit of taxpayers?
- Whether any prior intimation is required before conducting the audit?
- What is the period within which the audit is to be completed?
- What is meant by commencement of audit?
- What are the obligations of the taxable person when he receives the notice of audit?
- What would be the action by the proper officer upon conclusion of the audit?
- Under what circumstances can a special audit be instituted?
- Who can serve the notice for special audit?
- Who will do the special audit?
- What is the time limit to submit the audit report?
- Who will bear the cost of special audit?
- What action the tax authorities may take after the special audit?