scrutiny norms A.Y. 2009-10

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chandrakant g mamdapure

chandrakant g mamdapure (Querist)
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19 September 2010 Please convey the norms of select the cases for Scrutiny through CASS for assessment year 2009-10

Aditya Maheshwari

Aditya Maheshwari (Expert)
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19 September 2010 Cases involving addition in an earlier assessment year in excess of Rs. 10 lacs on a substantial and recurring question of law or fact which is confirmed in appeal or is pending before on appellate authority.

c) Cases involving addition in an earlier assessment year on the issue of transfer pricing in excess of Rs. 10 Lakh or more.

d) Assessment in survey cases for the financial year in which survey was carried out. This criteria will not apply if all of the following conditions are fulfilled:

i. There are no impounded books or documents.

ii. There is no retraction of disclosure, if any, made during the survey.

iii. Declared income, excluding any disclosure made during the survey, is not less than the declared income of the preceding year.

e) Assessment in search & Seizure cases to be made under section 158B, 158BC, 158BD, 153A, 153C & 143(3) of the IT Act.

f) Assessment Initiated under section 147/148 of the IT Act.

g) Assessing officer may select any return for scrutiny after recording he reason and obtaining approval of the CCIT/DGIT. The cases under this category should be selected if, there are compelling reasons and the case is not selected through CASS. These cases should be watched by CCIT/CIT in respect of the quality of assessment.