Assessment of tax

Assessment of tax.

1. (1) If the Taxation Officer is satisfied that a return furnished under section 5 is complete and correct, he shall assess the amount of tax payable by the fleet owner on the basis of such return.
2. (2) If the Taxation Officer is not satisfied that a return furnished under section 5 is complete and correct, he shall serve on the fleet owner a notice requiring him, on the date and at the hour and place to be specified therein, either to attend in person or to produce or cause to be produced any evidence on which the fleet owner may rely in support of such return.
3. (3) On the day specified in the notice or as soon afterwards as may be, the Taxation Officer, after hearing such evidence as the fleet owner may produce and such other evidence as the Taxation Officer may require on specified points, shall assess the amount of tax payable by the fleet owner.
4. (4) If a fleet owner fails to furnish a return as required under section 5, or having furnished a return, fails to comply with all the terms of a notice issued under sub-section (2), the Taxation Officer shall assess the amount of tax payable by the fleet owner to the best of his judgment.