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

Under the Income-tax Act, 2025, an eligible assessee who receives a draft order of assessment from the Assessing Officer proposing a prejudicial variation wishes to object to it. Within what period of receipt of the draft order must objections be filed with the Dispute Resolution Panel and the Assessing Officer?

The eligible assessee must file objections with both the Dispute Resolution Panel and the Assessing Officer within thirty days of receiving the draft order. Otherwise, the Assessing Officer proceeds to complete the assessment on the basis of the draft order.

  1. AThirty daysCorrect
  2. BFifteen days
  3. CSixty days
  4. DNinety days

Explanation

Section 275(2) requires the eligible assessee, within thirty days of receiving the draft order, either to accept the variations or to file objections with both the Dispute Resolution Panel and the Assessing Officer. Sixty or ninety days are not provided for this purpose.

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