FORM 12

[See Rule 11(2)]

PROPOSITION NOTICE

To

M/s. . . . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . .

Whereas you have failed to comply with the terms of the Notice in Form-6 served upon you/whereas in the opinion of the undersigned the accounts and papers produced by you in response to the notice in Form-6 are incorrect or unreliable, it is proposed to assess the tax payable by you to the best of Judgement as follows:-

(a) Reasons for non-acceptance of the return (Specify)-

(b) Basis of the proposed assessment (Specify)-

You are hereby called upon to show cause against the proposed assessment adducing evidence, if any, either in person or through a legal practioner or an agent authorised in writing at. . . . . . . . . failing which it will be presumed that you have no objection to the proposed assessment and orders deemed fit will be passed.

Assessing Authority.