Treatment of returns filed in response to notice under section 142(1): treated as non scrutiny returns unless officer directs scrutiny. Returns filed in response to a notice under section 142(1) that are processed solely for prima facie adjustment should be treated as non scrutiny returns equivalent to returns under section 139(1). Assessing officers retain discretion to subject such returns to scrutiny when necessary to ascertain any understatement of income, excessive computation of loss, or underpayment of tax.
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.
Treatment of returns filed in response to notice under section 142(1): treated as non scrutiny returns unless officer directs scrutiny.
Returns filed in response to a notice under section 142(1) that are processed solely for prima facie adjustment should be treated as non scrutiny returns equivalent to returns under section 139(1). Assessing officers retain discretion to subject such returns to scrutiny when necessary to ascertain any understatement of income, excessive computation of loss, or underpayment of tax.
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