CBDT relaxes scrutiny norms in a few cases

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....nds of taxpayers and it would save them from harassment at the hands of taxmen apart from litigation costs," said a senior Finance Ministry official. The decision has been taken following finance Minister P Chidambaram's assertion that government wanted to send a message that those who comply with the tax laws would not be harassed by the tax officials. CBDT has decided to exempt a taxpayer from ....

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....esides cross-checking the perks, and scrutinies other incomes like interest-free loans. Income Tax officials said the scrutiny would usually require taxpayers to hire chartered accountants or corporate lawyers to represent their case before the department. In 2008-09, the Department is expected to scrutinise 3.8 lakh returns. Of this, about 2.50 lakh cases will be selected through the Computer Ai....