Skip to content

CMA Final · Direct Tax Laws and International Taxation · Assessment Procedure including Dispute Resolution Process

Under the Income-tax Act, 2025, an Assessing Officer proposes a variation prejudicial to an eligible assessee and forwards a draft order. Within how many days of receiving the draft order must the eligible assessee either accept the variations or file objections?

The eligible assessee has thirty days from receipt of the draft order to accept the variations or to file objections with the Dispute Resolution Panel and the Assessing Officer, as section 275(2) provides. Other periods are not prescribed.

  1. AFifteen days
  2. BThirty daysCorrect
  3. CForty-five days
  4. DSixty days

Explanation

Section 275(2) requires the eligible assessee to file acceptance with the Assessing Officer, or objections with the Dispute Resolution Panel and the Assessing Officer, within thirty days of receiving the draft order. The periods of fifteen, forty-five and sixty days have no basis in that sub-section.

Did you get it right without looking?

One question tells you little. A timed set on Assessment Procedure including Dispute Resolution Process shows your real accuracy, how long you take and where you lose marks.

Practise Assessment Procedure including Dispute Resolution ProcessFree diagnostic mock

More Assessment Procedure including Dispute Resolution Process questions