Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: empanelment :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: VAT Audit :: ACCOUNTING STANDARD :: TDS :: VAT RATES :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: list of goods taxed at 4% :: due date for vat payment
 
 
« Latest Circulars »
 Eligible Credit Rating Agencies- Rating of Fixed Deposits by Infomerics Valuation and Rating Private Limited (IVRPL)
  Appointment of nominated counsel in the Hon’ble High Court of Delhi at New Delhi- Compliance of the Order dated 21.07.2017
 RBI-Core Banking Solution (CBS) Requirements for Urban Co-operative Banks (UCBs)
 RBI-Interest Subvention Scheme for Short Term Crop Loans during the year 2017-18
 Appointment of nominated counsel in the Hon’ble High Court of Delhi at New Delhi- Compliance of the Order dated 21.07.2017
 RBI releases Data on India’s International Trade in Services: June 2017
 RBI-Reserve Bank Commercial Paper Directions, 2017
  RBI announces OMO Sale of Government of India Dated Securities
 Risk Management and Interbank Dealings- Reports to the Reserve Bank
  RBI announces OMO Sale of Government of India Dated Securities
 Income Tax Appellate Tribunal Ahmedabad Benches , Ahmedabad S/shri S.S. Godara, JM & Manish Borad, Am Causelist For Bench 'A' 07-08-2017

Instructions regarding scrutiny of assessments
June, 22nd 2006

F.NO.225/95/2001-ITA-II
Government of India
Ministry of Finance
Department of Revenue
(Central Board of Direct Taxes)
New Delhi

To
        All CCsIT/DGsIT/CsIT

Sub:  Instructions regarding scrutiny of assessments

Sir,

In suppression of earlier instructions on the subject, I am directed to state that the procedure for selection of cases for scrutiny during  the current financial year 2001-2002 will be as under:-

  1. All search cases will be centralised in the central circles and will be scrutinized.

  2. Except for search cases, all the officers of a range including Addl. CIT/JCIT, DCIT, ACIT and ITO will have concurrent jurisdiction on all the cases failing in that range.  However, addl. CIT/JCIT will himself not make the assessment but will closely monitor and supervise the same.

  3. The Addl. CIT/JCIT will allocate the files among Assessing Officers for processing under Section 143(1).

  4. The Addl. CIT/JCIT, DCIT and ACIT will select cases for scrutiny having due regard to the information available with the department and scrutiny potential of the cases.  Facts of claiming heavy deductions under chapter VIA and heavy refunds will also be kept in mind.  The minutes will have drawn on the meeting held among them.

  5. The proposal for selection along with minutes will be submitted to the Commissioners who will discuss it with the Addl. CIT/JCIT.

  6. After a thorough discussion of these cases and also other cases in this connection, the Commissioners will approve the selection out of those cases for scrutiny.

  7. The total number of cases selected for scrutiny in each range will be 30 in the ranges having only company cases and 40 in other ranges.  These cases will be in addition to actions arising on account of orders under section 263, 264, 148, appellate orders and directions of courts etc.

  8. The cases will be assigned to DCIT/ACIT and ITO, by the Addl. CIT/JCIT for scrutiny, on the basis of comparative amount of returned income as well as the importance of the issues involved.

  9. The first questionnaire will be issued only after the approval of the Addl. CIT/JCIT.

  10. The Assessing Officers and the Addl. CIT/JCIT will discuss all the cases during the course of scrutiny from time to time.

  11. The facts of the discussion of the cases with the Addl. CIT/JCIT will be recorded by the Assessing Officer in the office note, which will also be initialed by Addl. CIT/JCIT.

  12. All the information available with the CIB and other outside agencies like Company Affairs, Directorate of Enforcement, CBI or any other agency of the Department or Government will be taken into account while completing the assessment.

2.               Officers will have full accountability with regard to selection of cases.
3.               All efforts will be made to have a thorough scrutiny and examination of the cases.

4.                Since the number of scrutiny assessment will be limited, the officers would be required to devote their extra time on the rest of  the work of the Department for completing the work other than scrutiny and  pay special attention to the collection work.
5.                A list is enclosed herewith giving a model of such activities.  But this list is only inclusive and does not include all other jobs which are supposed to be done by the officers during this period.  The Addl. CIT/JCIT will allocate the files of the range among different officers for completion of these jobs.
 

Yours faithfully,

Dr. Rajendra Kumar,
Under Secretary to Govt. of India

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions