Meaning of ‘assessment’ :
Assessment means determining the tax liability.
‘Assess’ in a taxing statute means the computation of the income of assessee, the determination of tax payable by him, and the procedure for collecting or recovering the tax – Bhopal Sugar Industries v. State of MP – AIR 1979 SC 537 = (1979) 3 SCC 792- similar view in J K Iron v. ITO AIR 1967 All 248 = 65 ITR 386 (All HC).
The word ‘assessment’ can comprehend the whole procedure for ascertaining and imposing liability upon the tax payer – Kalavati Devi v. CIT AIR 1968 SC 162 = 66 ITR 680 (SC).
“Assessment” means determination of tax liability under this Act and includes self-assessment, re-assessment, provisional assessment, summary assessment and best judgment assessment – section 2(11) of CGST Act.