https://www.taxtmi.com/circulars?id=53126 Advisory directs assessing authorities to verify flood impact with district administration and, where records are destroyed, complete pending scrutiny assessments on available materials; avoid high pitched additions for non production of books; restrict third party verification to appropriate cases and use special audit or surveys only with substantial merit and prior CIT approval; consult prior years' scrutiny records to infer business trends; decide recovery actions case by case considering post flood financial condition; act expeditiously and sensitively and issue a press note for affected taxpayers. en-us Fri, 28 Nov 2014 00:00:00 +0530 Thu, 04 Dec 2014 16:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53126 Advisory directs assessing authorities to verify flood impact with district administration and, where records are destroyed, complete pending scrutiny assessments on available materials; avoid high pitched additions for non production of books; restrict third party verification to appropriate cases and use special audit or surveys only with substantial merit and prior CIT approval; consult prior years' scrutiny records to infer business trends; decide recovery actions case by case considering post flood financial condition; act expeditiously and sensitively and issue a press note for affected taxpayers. Circulars Income Tax Fri, 28 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53126