https://www.taxtmi.com/circulars?id=10086 Arithmetical accuracy of computation of total income is the responsibility of the Income Tax Officer, who must personally ensure correct arithmetic checks. For full assessments the I.T.O. should record a concise reconciliation memo on the office copy reconciling returned and assessed income; for summary assessments the I.T.O. must verify returned income arithmetic before acceptance and check any assessment proforma before signing. Internal audit or designated audit officers must perform additional verification in higher value or company cases and the same checking regime applies to other taxes. en-us Sat, 25 Aug 1973 00:00:00 +0530 Fri, 17 Jun 2011 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10086 Arithmetical accuracy of computation of total income is the responsibility of the Income Tax Officer, who must personally ensure correct arithmetic checks. For full assessments the I.T.O. should record a concise reconciliation memo on the office copy reconciling returned and assessed income; for summary assessments the I.T.O. must verify returned income arithmetic before acceptance and check any assessment proforma before signing. Internal audit or designated audit officers must perform additional verification in higher value or company cases and the same checking regime applies to other taxes. Circulars Income Tax Sat, 25 Aug 1973 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10086