Tag: scrutiny

Guidelines-Income Tax compulsory selection of returns for Complete Scrutiny during FY 2020-21

Guidelines-Income Tax compulsory selection of returns for Complete Scrutiny during Financial Year 2020-21 & conduct of assessment proceedings F.No.225/126/2020/ITA-IIGovernment of India Ministry of Finance Department of RevenueCentral Board of Direct Taxes (ITA-II division) North Block, New Delhi, the 17th September, 2020 ToAll Pr.  Chief-Commissioners of Income-tax/Chief-Commissioners of Income-Tax …

All pending scrutiny assessment to be conducted only through e-Proceeding except for search cases-CBDT Instruction

All pending scrutiny assessment to be conducted only through e-Proceeding except for search cases  CBDT has issued an Instruction (01/2018) making all pending scrutiny assessments mandatorily to be conducted only through the ‘E-Proceedings’.  Sub-section (23C) of Section 2 of the Income-tax Act, 1961 (Act), applicable from 01.06.2016, provides …