Amendment status not verified — confirm the current text below against the official source.
Assessment of employers.— (1) If the prescribed authority is satisfied that the return filed by any employer is correct and complete, it shall accept the return. (2) (a) If the prescribed authority is not satisfied that the return filed is correct and complete, it shall serve upon the employer a notice requiring him, on a date specified in the notice, to attend in person, or through an authorised representative and to produce accounts and papers in support of the return. 6 (b) The prescribed authority shall, on examination of the accounts and papers, assess the amount of tax payable by the employer. (c) If the employer fails to comply with the terms of the notice, or if in the opinion of the prescribed authority the accounts and papers are incorrect or incomplete or unreliable, such authority shall, after such enquiry as it deems fit or otherwise, assess the tax to the best of its judge ment. (3) The amount of tax due from any employer shall be assessed sepa rately for each year during which he is liable to pay tax : Provided that the prescribed authority may, subject to such conditions as may be prescribed and for reasons to be recorded in writing, assess the tax due from any employer during any part of a year or for more than one year; Provided further that where a registered employer fails to furnish a return for any part of a year or for more than one year, the prescribed authority may, if he thinks fit, assess the tax due from such employer separately for different parts of such year or more than one year. (4) If an employer fails to get himself registered or being registered fails to file any return the prescribed authority shall, after giving the em ployer a reasonable opportunity of being heard and after holding such inquiry as it deems fit or otherwise, pass an order assessing the amount of tax due to the best of its judgement. (5) No assessment under sub-section (2), sub-section (3) or sub-section (4) shall be made after the expiry of four years from the end of the year in respect of which or part of which the assessment is made : Provided further that the period during which the prescribed authority is restrained from commencing or continuing any proceeding for any asses sment as aforesaid by an order of the Appellate/Revisional Authority/ High Court or the Supreme Court of India shall be excluded in computing the time limited by this sub-section; Provided also that when a fresh assessment is required to be made in pursuance of an order of the High Court or section 14, or in pursuance of any other order of the Supreme Court of India, such fresh assessment shall be made at any time within four years from the date of such order. (6) The amount of tax so assessed shall be paid within fifteen days of receipt of the notice of demand from the prescribed authority.