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of <h1>CBDT Clarifies Limited Tax Scrutiny on Mergers and Acquisitions; Only 1% of Taxpayers Reviewed Annually.</h1> The Central Board of Direct Taxes (CBDT) clarified that the Income Tax Department is scrutinizing only a limited number of cases involving takeovers, mergers, and acquisitions, contrary to media reports suggesting higher figures. Tax scrutiny is a routine process, with only about 1% of the total taxpayer base being reviewed annually. Case selection is risk-based and non-intrusive, and not automatically triggered by mergers or acquisitions. The scrutiny level has remained below 1.5% over the past decade, with some cases undergoing more intensive investigation due to specific tax inquiries.
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