Have you given attention to the scrutiny notice served during FY 2015-16 ? You may find the word “Limited Scrutiny “? What does that mean ? CBDT now has issued…
scrutiny
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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.
Have you received notice from the office of commissioner of income tax (CIT ) for revision of the assessment order passed in a case which was earlier selected under CASS…
Central Board of Direct Tax ( CBDT ) has issued instruction for compulsory manual selection of scrutiny cases during the financial year 2015-16 . One of the surprising omission is blanket…