scrutiny

Scrutiny word is not found under Income Tax Act , yet it is quite popular word , because with it many assessee get real tax problems. Scrutiny means that assessing officer will pass an assessment order u/s 143(3) after examining all book sof accounts and tax return.

scrutiny

Scrutiny : You Can Legally Approach Higher Authority for Intervening the Proceeding !

In case of scrutiny case under section 143(2) , many times , the tax payer or his authorized representative -a chartered accountant or a...
scrutiny

CASS Scrutiny for Property Buying ? Know These 6 Most Important Laws Affecting Your...

Has your client got scrutiny notice for assessment year 2014-15 ? There is great chance that the basis of CASS (Computer Aided Scrutiny Selection)...
merger of companies

How Merger of Companies Affect Assessment Proceedings ?

In case of companies , the merger of the companies are part of business restructuring . The process of merger is such that the...

If Assessment Order Was Passed by Addl.CIT, You Must Check This to Get the...

It often happens in the income tax department. Many scrutiny cases are assigned to the range head who are of the rank of Joint...
transfer of scrutiny case

How Scrutiny Case Transfer by ITO to DC/AC Circle Suo Moto May Make Assessment...

It may just happen to you that you are filing your return with Income Tax Officer regularly. In one year , your total income...

Got Scrutiny Notice u/s 143(2) During FY 2015-16 ? CBDT Issues Instruction to Help...

Have you given attention to the scrutiny notice served during FY 2015-16 ? You may find the word "Limited Scrutiny "? What does that...
scrutiny case

Revision of CASS Scrutiny Cases Maybe Bad in Law in Majority of Cases...

Have you received notice from the office of commissioner of income tax (CIT ) for revision of the assessment order passed  in a case...
scrutiny

CBDT Curtails Power of CCIT of Selection of Any Case for Scrutiny !

Central Board of Direct Tax ( CBDT ) has issued instruction for compulsory manual selection of scrutiny cases during the financial year 2015-16 . One...

Assessment Order Invalid if Dispatched After Limitation Dated : 5 Cases Laws

The assessment of total income under section 143(3) of the income Tax Act is completed when assessing officer passes a written order and issues...
scrutiny

CBDT Admits Harassment! Restricts Enquiry in CASS Scrutiny Cases Selected During FY 2014-15 ?

The first anxiety moment for a tax payer is when he receives a notice from the income tax department which tells him to appear...

Connect

1,994FollowersFollow
11,180FollowersFollow
1,612SubscribersSubscribe