Tag: Assessments
CBDT has issued Instructions regarding procedure for conducting e-assessments in scrutiny cases, including the exceptions where the manual scrutiny may be continued, like in the cases relating to search …
CBDT has issued guidelines/ instructions for Income Tax Deptt to process Income-tax Returns, filed in Form ITR-2, ITR-3, ITR-4, ITR-5 and ITR-6, having TDS Mismatch Errors, under the provisions …
CBDT has issued an Order under IT Sec. 119 for Clarifications/ Instructions on Issuance of Intimation/ Processing of Returns, filed in Form ITR-1, u/s 143(1)(a)(vi) applicable w.e.f. 1 April, …
In the case of pending 'Scrutiny' or ‘Limited Scrutiny’ cases which are getting time barred due to limitation on 31 Dec. 2017, IT Deptt is giving a choice to assessees …
The CBDT has issued Guidelines (Procedure/ Criteria) for Compulsory Manual Selection of Returns/ Cases (Non-CASS) for the Scrutiny to be conducted during the financial-year 2017-18.
The CBDT has clarified that the deduction under Chapter Vl-A is admissible on the enhanced profits due to disallowance made under sections 32, 40(a)(ia), 40A(3), 43B, etc.
CBDT extends prescribed time till 31 March 2017 in respect of valid ITR filed with refund claims in respect of AY 2012-2013, 2013-2014 and 2014-2015, i.e. clarifies the issue …
CBDT vide Instruction No. 5/2016 dt 14th July 2016 has directed that Revenue Potential Cases may be subjected to Complete Scrutiny even though the same have been selected for …
The CBDT vide Instruction No. 4/2016 dt 13th of July, 2016 has laid down procedure and criteria for manual selection of income tax returns/ cases for compulsory income tax …
The CBDT has prescribed revised format for Scrutiny Notice u/s 143(2) for i) Limited Scrutiny; ii) Complete Scrutiny & iii) Manual Scrutiny under e-assessment applicable only in case of …