Income Tax

Suggestion on CASS parameters for ITRs received in FY 2016-17. CBDT has invited suggestion from all PrCCIT/PrCIT

Suggestion on CASS parameters for ITRs received in FY 2016-17

Following the constitution of CASS Committee for FY 2016-17 to suggest new rules, modification to existing guidelines/ITRs for effective scrutiny selection, CBDT (Directorate of Income Tax Systems) has invited suggestion from all the PrCCIT/PrCIT of Income Tax on  CASS  parameters  for  Returns  received  in  FY 2016-17

The following is the text of the letter sent;

Sir/Madam,

Sub.: Suggestion  on  CASS  parameters  for  Returns  received  in  F.Y. 2016-17- Reg.-

The Directorate is in the process of modifying the CASS parameters so as to select cases for scrutiny assessment for returns filed in F.Y. 2016-17. You are requested to kindly provide your valuable feedback on CASS parameters to make the process more effective , considering , interalia, the following factors :

  • The parameters of selection of earlier CASS runs, which have not yielded revenue even after in-depth scrutiny, which may be considered for exclusion in future CASS run.
  • The new parameters of selection, which are to be considered for inclusion in future CASS run, based on the additions made or the revenue potential, with reference to the specific data fields available in AST , TDS , OLTAS, CIB, AIR modules etc.
  • Cases of specific Industry (based on business code/nature of business) and economy trends of F.Y. 2015-16 (A.Y. 2016-17) , which need to be considered for selection.
  • Particular parameters of selection of earlier CASS runs, which led to higher concentration or shortage in selection  with particular AOs or particular charge, may be indicated with statistics

(Sanjeev Singh)
ADG(S)-2
New Delhi

----------- Similar Posts: -----------
Share

Recent Posts

  • ICSI

Engagement of Company Secretaries as Young Professionals at RoC Mumbai and Pune

Engagement of Company Secretaries (CS) as Young Professionals in the Office of Regional Director (WR), Registrar of Companies, Mumbai and…

2 hours ago
  • Income Tax

Applicability of Section 115BBE rws 69, 69A 69C in a case before Settlement Commission

Applicability of provisions of Section 115BBE  read with Section 69, 69A and 69C in a case arising before Settlement Commission…

3 hours ago
  • Income Tax

Jewellery purportedly received from grandparent under Will added as unexplained credits

Addition u/s 68 for jewellery purportedly received on death of grandparent under Will upheld. In a recent judgment, ITAT upheld…

2 days ago
  • bankruptcy

SC lays down tests to determine if a debt is financial debt or operational under IBC

Supreme Court lays down tests to determine whether a debt is a financial debt or an operational debt under IBC…

2 days ago
  • Income Tax

Commonality of directors of companies does not mean deposits received was bogus

Merely because directors of two companies were common not mean that deposits received was bogus and companies were shell companies…

3 days ago
  • ITAT

Application though named as rectification but if tax is not legitimate, it also touches merit: HC

Application though named as rectification but if tax imposed is not legitimate then it also touches upon the merit –…

3 days ago