Scrutiny of returns may trigger assessment actions when explanations are unsatisfactory and corrective measures are not taken. The proper officer may scrutinize a registered person's return and related particulars, inform the person of any discrepancies and seek an explanation; if ... Summary
Scrutiny of returns may trigger assessment actions when explanations are unsatisfactory and corrective measures are not taken.
The proper officer may scrutinize a registered person's return and related particulars, inform the person of any discrepancies and seek an explanation; if the explanation is acceptable no further action is taken, but if no satisfactory explanation or corrective measures are provided within the permitted period the proper officer may initiate appropriate action including assessment, enforcement proceedings or determine tax and other dues under the statutory determination provisions.
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