scrutiny norms for income tax assessment

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uday bakliwal (Querist)
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25 June 2009 my assessee ( huf) was having agricultute income in excess of 10 lacs as well as int on fdr & saving int income of rs 90000/- and he had no other source of income or loss. still we filed the return of income to get the more agriculture loan from bank for the asst yr 07-08 by showing above mentioned income. income tax officer issued the notice u/s 143(2) for scrutiny assessment under compulsory norm of agriculture income in excess of Rs 10 lacs. whether he is justified to take the case under scrutiny ?

Ratan Sharma

Ratan Sharma (Expert)
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25 June 2009 Hi Uday,
Yes the A.O. can select the case for scrutiny assessment as you have declared agriculture income more than 10 lacs in your return of income.

uday bakliwal

uday bakliwal (Querist)
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27 June 2009 case selected by a.o.& issued notice u/s 143(2).my asseessee has not filed return of income u/s 139 or in reponse to notice u/s 142(1) & also he is not an asseessee under income tax Act & also norms of scrutiny prescribed for asseessee & not for non asseessee so in my opinion notice is not valid pl guide

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