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I-T cases to come up as per guidelines
September, 29th 2006
The Income Tax cases for scrutiny will be picked up strictly in accordance with the guidelines issued by the Central Board of Direct Taxes (CBDT). In case a case is selected wrongly by deviating from the directions of CBDT, it must be brought to the notice of authorities, said A.P. Srivastva, R.K. Roye and Vijay Kumar, Commissioners, Income Tax, while addressing a joint meeting of office-bearers, delegates and executive members of District Taxation Bar Association (DTBA) and Tax Bar Association (TBA) last evening. The delegation from the Bar association was led by Subhash Jain and Ashok Juneja, presidents of DTBA and TBA respectively. It was said that the non-auditable cases where the amount of loan of fresh capital exceeds Rs 10 lakh will be selected for scrutiny if these are approved by the Chief Commissioner. In addition, even the list of the cases for scrutiny will also be put up on the notice board.
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