Tag Archives: scrutiny

During every Income Tax Return filing season, I receive numerous calls from salaried employees asking if I can secure them a tax refund by showing false expenses. Some professionals, who work directly for foreign companies and are paid via payment apps, also engage in the deceitful practice of not declaring …

As a part of e-governance initiative to facilitate compliance, a taxpayer friendly measure in the form of a scheme for E assessment through e-mail has been introduced in seven cities of Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata and Mumbai. Income tax department has already started seeking consent for use of …

Central Board of Direct Taxes (CBDT) issued a press release on 31-12-2015 regarding streamlining scrutiny assessment proceedings and facilitating electronic communication. The Income Tax Department is committed to providing fair and transparent tax administration and continuously improve taxpayer services. Taking another step in this direction, Central Board of Direct Taxes (CBDT) …

I have written many articles on scrutiny assessment by Income tax department. This year I had the opportunity of appearing for scrutiny assessment of salaried employees who had worked for 8 months in India and re-located to USA on employment during the Financial Year 2012-13. These employees, by virtue of …

Time and again the Central Board of Direct Taxes (CBDT) is giving clarifications regarding the Income Tax refunds and the process of selection of cases for scrutiny assessment. There is a misconception among the general public that the Income Tax Officers (ITOs) can pick up the cases for scrutiny as …

Central Board of Direct Tax (CBDT) has approved and finalised the parameters for selection of cases under Computer Aided Scrutiny Selection of Cases (CASS) on 28-08-2015 and 1st cycle of all the notices selected under section 143(2) of income tax (CASS) has already been despatched by assessing officer. (AST – …

At present, income tax return filed by tax payers are mostly accepted by income tax department without any questions except processing and sending intimation u/s 143(1) of income tax Act.  In a very small percentage of cases scrutiny assessment are conducted u/s 143(3) of the income tax act and cases …

  In our earlier article Does the Income Tax Officer have the discretionary powers to take up scrutiny of IT returns? we have explained power of Income Tax Officer in selection of cases for income tax scrutiny. Income tax department is selecting cases for scrutiny under  “Limited Scrutiny selected under Computer Aided Scrutiny …

Trust me, this government is confused. In that way, UPA government was better. We knew for sure that their approach to taxpayers was close to ‘harassments’. Contrarily, NPA government talks about ease of doing business, trusting the people, transparency, digitization, less human intervention, etc. But when it comes to action, …

Some of the cases where taxpayers ‘took chance’ while filing the returns are listed below. Check whether you have done these ‘tempting mistakes’! Salary from two employers – Mr.Prasanna had worked in Selfie Software till August 2014, before he joined Centura Techno. Thus for the Financial Year 2014-15, he has …