NCLAT: IRP Has Authority to Take Possession of Assets Owned by Corporate Debtor  ||  NCLAT: NCLT Can Direct Forwarding a Copy of its Order to Relevant Statutory Authorities  ||  Delhi HC: Centre to Expedite Process of Accessibility Features in OTT platforms for PwDs  ||  Delhi HC: Once Worker Provides Testimony Under Oath ‘Burden of Proof’ Shifts on Employer  ||  SC: There Cannot be Discrimination in Matter of Payment of Pension to Retired Judges  ||  SC: India is Not a Dharamshala that Can Entertain Foreign Nationals from All Over  ||  SC: Can Quash Domestic Violence Act Complaints Under Section 482 of CrPC  ||  Supreme Court: Can’t Use Statement of One Accused against Another  ||  SC: Inclusion of Name in Draft NRC Cannot Annul Foreigners Tribunal’s Declaration as Non-Citizen  ||  Supreme Court: Minimum Practice of 3 Years Mandatory to Enter Judicial Service    

Compulsory manual selection of cases for scrutiny during FY 2016-17- (Ministry of Finance ) (13 Jul 2016)

MANU/CBDT/0070/2016

Direct Taxation

The Central Board of Direct Taxes laid down fresh criteria and procedure for manual selection of returns or cases for compulsory scrutiny during the 2016-2017 financial year.

Monetary limits for picking up cases involving addition on a substantial and recurring question of law or fact in an earlier year, including transfer pricing cases, have been revised. Assessments including those involving search and seizure and where reassessment notice has been issued under the Income Tax Act 1961 will also be selected for scrutiny.

Assessment through e-mail is extended to scrutiny cases as well, including those for compulsory selection in Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata and Mumbai. Assessees can opt out of email scrutiny by informing the assessing officer in writing.

Tags : MANUAL SELECTION   INCOME TAX   COMPULSORY SCRUTINY  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved