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 ... Summary
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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