ICANTaxationNigerian Tax System and Administration2023

A best of judgement assessment may be raised by the tax authority where a taxpayer:

AFiles a return the authority considers understated or fails to file at allCORRECT
BObjects to an assessment
CApplies for a tax clearance certificate
DChanges its accounting date
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Why the answer is A, and why the others tempt you.
Where no return is filed, or the authority is not satisfied with the return submitted, it may assess the taxpayer to the best of its judgement. The burden then falls on the taxpayer to displace the assessment with proper records.
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