Scrutiny assessment procedures adjusted for flood-affected taxpayers: verify damage, avoid punitive additions, and consider hardship in recovery. Advisory directs assessing authorities to verify flood impact with district administration and, where records are destroyed, complete pending scrutiny assessments on available materials; avoid high pitched additions for non production of books; restrict third party verification to appropriate cases and use special audit or surveys only with substantial merit and prior CIT approval; consult prior years' scrutiny records to infer business trends; decide recovery actions case by case considering post flood financial condition; act expeditiously and sensitively and issue a press note for affected taxpayers.
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Provisions expressly mentioned in the judgment/order text.
Scrutiny assessment procedures adjusted for flood-affected taxpayers: verify damage, avoid punitive additions, and consider hardship in recovery.
Advisory directs assessing authorities to verify flood impact with district administration and, where records are destroyed, complete pending scrutiny assessments on available materials; avoid high pitched additions for non production of books; restrict third party verification to appropriate cases and use special audit or surveys only with substantial merit and prior CIT approval; consult prior years' scrutiny records to infer business trends; decide recovery actions case by case considering post flood financial condition; act expeditiously and sensitively and issue a press note for affected taxpayers.
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