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<h1>Income Tax Department Sets Scrutiny Protocols for 2004-05 Returns, Targets High-Value Deductions and International Transactions.</h1> The circular outlines the procedure for selecting corporate and non-corporate tax returns for scrutiny by the Income Tax Department for the financial year 2004-05. It mandates compulsory scrutiny for specific categories, such as cases involving search and seizure, high-value deductions, refunds, international transactions, and certain financial thresholds. Additional scrutiny may be conducted at the discretion of the Assessing Officer with approval. The selection process for returns filed up to September 30, 2004, must be completed by October 15, 2004, and within three months for returns filed thereafter. A computer-assisted system will also aid in selecting cases for scrutiny.