Joulus Gazit & Co.

Search

“Deadline for Submitting Assessment Grounds – Recommendation or Missing the Mark”

The article examines one aspect of the assessment proceedings in appeal proceedings, which is the duty imposed on the Income Tax Authority to submit the grounds of the assessment on time. The Nechushtan rule allows the Income Tax Authority to submit the grounds of assessment in an appeal proceeding at a later date than that prescribed in the regulations. The purpose of the article is to present and substantiate the argument that the tax authorities’ reliance on the aforementioned rule is confined to cases where the grounds of the assessment could not be submitted due to objective circumstances or in giving reasonable justifications.
Read More>