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.

assessment

Assessment or Reassessment Without Service of 143(2) Notice is Invalid !

As you know the CBDT has initiated the selection of scrutiny case in the year 2014-15 . The selection is done by CASS or...

Assessment Order Invalid if Despatched 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...
service of notice

5 Types of Service of Notice May Make Assessment Order Bad in Law !

Scrutiny of your tax return starts with the service of a notice u/s 143(2) of the Income Tax Act .In other words, without proper...
scrutiny proceeding

Scrutiny Proceedings : What An A.O Can Not Do?

I am a salaried employee. My case was selected for scruitiny for the Asst year 2008-09. During the course of assessment the AO has asked for the income tax returns and Bank statements of my husband for the Asst year 2003-04. Am I required to furnish the same?. Further the case was being handled by
deductions & exmeptions

Unclaimed Deduction or Exemption Came to Light during Scrutiny Proceeding. What Should You Do?

Sometime a tax payer or tax practioner may discover during the  scrutiny proceeding, either himself  or on examination by the assessing officer that total...

Jurisdiction Transfer After Receiving Scrutiny Notice :What You Must Know?

It happens so that for many reasons you need to get your file transferred from one A.O to another .One of the situation is...
scrutiny

Scrutiny Proceeding: Power of A.O to Ask Your Balance Sheet is Limited !

Five years ago , a reader had asked (when this site was free for all ) Can A.O Force You To Give Balance Sheet For...

Ignoring This Notice During Scrutiny May Invite Rigorous Imprisonment !

Are you jolted to read what can happen for just non compliance of a notice by an A.O . Then it is good ,...

Scrutiny Cases Selection Contrary to CBDT Instruction / Guideline Are Bad in Law !

The CBDT instruction /guideline on selection of scrutiny during FY 2013-14 should be read carefully, because if the selection of your case is not...

Scrutiny notice u/s 143(2) posted within time but served after time limit bad...

Service of notice u/s 143(2) is the prime requirement for initiation of scrutiny proceeding under Income Tax Act. Earlier readers were informed of ITAT...