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of <h1>Tax Officers to Scrutinize High-Value Agricultural Income Claims for Assessment Years 2011-14; Section 143(3) Applies.</h1> The circular addresses concerns about the genuineness of agricultural income reported by taxpayers for assessment years 2011-12 to 2013-14, particularly those declaring over Rs. 1 crore. A public interest litigation in the Patna High Court suggests potential misuse of agricultural income claims for money laundering. Assessing officers are instructed to verify data entry errors and scrutinize claims under section 143(3) where proceedings are pending. A list of high-value cases is available for review, and a status report is requested by March 20, 2016, to ensure accurate reporting to the court. This directive has the approval of the Principal Director General of Income Tax (Systems).
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