IF YOU DONT REPLY TO INCOME TAX DEPT QUERIES , ITR LIKELY TO BE PICKED FOR FULL SCRUTINY

CBDT

THE CENTRAL BOARD OF DIRECT TAXES(CBDT)

HAS ISSUED GUIDELINES FOR SELECTING INCOME TAX RETURNS FOR COMLETE SCRUTINY. THE GUIDELINES ARE APPLICABLE FOR THE CURRENT FY 2023-24

HERE IS A LOOK AT DIFFERENT PARAMETERS THAT THE INCOME TAX DEPARTMENT WILL FOLLOW TO PICK UP SCRUTINY CASES, AS PER CBDT GUIDELINES:

1. Specific Tax evasion : The income tax department will pick up cases where there is specific information pointing out tax evasion for a relevant assessment year provided by the law agency

2. Where a Notice under section 148 has been issued: The Income tax department will pick up Scrutiny  Cases Where notice has been issued to the taxpayer under Section-148.

3. Where a Notice Under Section 142(1) Has been issued: if a taxpayer has not filed a tax return in response to notice under section 142(1), then such cases will be picked for complete scrutiny.

4. SEARCH & SEIZURE CASES: where the income tax authorities have done search & seizure either prior to april 1, 2021 or after that will be picked for complete scrutiny.

5. Survey cases: if the income tax department has conducted a survey under section 133A on the basis of the tax return Filed.

ONCE THE CASES HAVE BEEN PICKED UP FOR SCRUTINY, THEN APPROVAL MUST BE SOUGHT FROM HIGHER INCOME TAX OFFICIALS.

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