Guidelines Compulsory Selection of Income Tax Returns for Complete Scrutiny during FY 2023-24"

 "Guidelines Compulsory Selection of Income Tax Returns for Complete Scrutiny during FY 2023-24"


CBDT issues guidelines for compulsory selection of Income Tax returns for Complete Scrutiny during the Financial Year 2023-24 along with the procedure for compulsory selection of Scrutiny.


Parameters for compulsory selection of returns for Complete Scrutiny as follows:-


💡 Cases pertaining to Search, Survey, Seizure & Requisition under the Income Tax Act, 1961.


💡 Where Income Tax Return not filed in response to the notice issued u/s 142(1) of the Income Tax Act, 1961.


💡 Where specific information has been received pointing out tax- evasion for the relevant assessment year is provided by any law-enforcement agency, (Investigation Wing/ Regulatory Authority/ Agency, etc.).


💡 Where the assessee has been found to be claiming tax-exemption/deduction in the return under section 12A,12AB, 35(1)(ii)/ (iia)/ (iii), 10(23C), etc. without registration/approval granted by the income tax authority

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