https://www.taxtmi.com/circulars?id=10600 Procedure mandates timebound selection of corporate returns for scrutiny, designating specified categories for compulsory scrutiny including search and seizure and survey cases; returns with large deductions or refund claims; significant prior additions sustained on appeal; banks, PSUs, major listed companies, companies taxed on book profits, large international transactions, non-resident underreported returns, NBFCs and investment companies above capital thresholds, stockbrokers with high brokerage or large bad debt claims, amalgamated companies claiming set offs, export deduction cases with high turnover, and large contractors. Assessing Officers may select other cases with written reasons and prior approval; reassessment response returns are to be selected; automated selections will be run through the Computer Assisted Scrutiny System within prescribed timelines. en-us Mon, 20 Sep 2004 00:00:00 +0530 Wed, 15 Jun 2011 16:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10600 Procedure mandates timebound selection of corporate returns for scrutiny, designating specified categories for compulsory scrutiny including search and seizure and survey cases; returns with large deductions or refund claims; significant prior additions sustained on appeal; banks, PSUs, major listed companies, companies taxed on book profits, large international transactions, non-resident underreported returns, NBFCs and investment companies above capital thresholds, stockbrokers with high brokerage or large bad debt claims, amalgamated companies claiming set offs, export deduction cases with high turnover, and large contractors. Assessing Officers may select other cases with written reasons and prior approval; reassessment response returns are to be selected; automated selections will be run through the Computer Assisted Scrutiny System within prescribed timelines. Circulars Income Tax Mon, 20 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10600