Scrutiny selection criteria for corporate taxpayers require mandatory examination of specified categories and automated selection. Compulsory scrutiny applies to specified corporate returns including those from search and seizure, surveys, large Chapter VIA deductions or refund claims, repeat appellate additions on identical issues, banks, PSUs, listed large companies, book profit taxpayers, large non governmental institutions, significant international transactions or prior transfer pricing adjustments, NBFCs and investment companies above capital thresholds, certain stockbroker anomalies, amalgamation set offs, export linked deductions, large contractors and builders, cases with substantial fresh capital or loans, and first time claims of enumerated exemptions; selection may be automated via CASS and is subject to managerial caps and exclusion where prior scrutiny showed minimal sustained additions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Scrutiny selection criteria for corporate taxpayers require mandatory examination of specified categories and automated selection.
Compulsory scrutiny applies to specified corporate returns including those from search and seizure, surveys, large Chapter VIA deductions or refund claims, repeat appellate additions on identical issues, banks, PSUs, listed large companies, book profit taxpayers, large non governmental institutions, significant international transactions or prior transfer pricing adjustments, NBFCs and investment companies above capital thresholds, certain stockbroker anomalies, amalgamation set offs, export linked deductions, large contractors and builders, cases with substantial fresh capital or loans, and first time claims of enumerated exemptions; selection may be automated via CASS and is subject to managerial caps and exclusion where prior scrutiny showed minimal sustained additions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
