Practical Legal Guidance
Assessment Order
The tax authority's formal determination of a taxpayer's income/tax liability for a period.
Detailed Meaning
An assessment order is passed by the tax authority after examining a taxpayer's return and supporting material (or, in a best-judgment assessment, in its absence), determining the taxable income or turnover and the resulting tax liability, and forms the basis for any subsequent demand, appeal, or recovery proceeding.
Authoritative Sources & Provenance
Related Concepts
General legal information for reference only, reviewed for accuracy but not a substitute for advice from a qualified advocate on your specific facts.