https://www.taxtmi.com/circulars?id=9606 Summary assessments will be completed under section 143(1) by linking returns with assessment records for specified low value non company, small company, and small trust/charitable cases, subject to first assessment scrutiny requirements for new companies and trusts. Verification is limited to arithmetical accuracy of income and tax computation and liabilities for penalty, interest and collection dues. Excluded categories (special investigation, search and seizure, reassessments and randomly selected scrutiny cases) remain under full scrutiny. Nil demand or refund intimation will be issued and summary and scrutiny entries recorded separately. en-us Sun, 12 May 1985 00:00:00 +0530 Tue, 07 Jun 2011 13:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9606 Summary assessments will be completed under section 143(1) by linking returns with assessment records for specified low value non company, small company, and small trust/charitable cases, subject to first assessment scrutiny requirements for new companies and trusts. Verification is limited to arithmetical accuracy of income and tax computation and liabilities for penalty, interest and collection dues. Excluded categories (special investigation, search and seizure, reassessments and randomly selected scrutiny cases) remain under full scrutiny. Nil demand or refund intimation will be issued and summary and scrutiny entries recorded separately. Circulars Income Tax Sun, 12 May 1985 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9606