Procedure for Selection of cases for "Scrutiny" for NON-CORPORATE Assessees

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....d hereby lays down the following procedure for selection of returns/cases of Non-Corporate Assessees for Scrutiny during the current financial year, i.e., 2004-05. 2. The following categories of cases/returns shall be compulsorily scrutinized:—  (a)  All assessments pertaining to search & seizure.  (b)  All assessments pertaining to survey conducted under s....

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....ns filed by local authorities assessable to income-tax.  (g)  All cases of banks and Non-banking Financial Institutions with deposits of Rs. 5 crores and above.  (h)  All cases where the proviso to section 143(3) is applicable.   (i)  All cases where exemption is claimed under section 11 of IT Act and the gross receipts exceed Rs. 5 crores....

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....nals with gross receipts of Rs. 50 lakhs or more and income declared is less than 20% of gross professional receipts.  (p)  All cases of deduction under sections 10A and/or 10B of the IT Act with export turnover exceeding Rs. 5 crores.  (q)  All cases of contractors whose gross contract receipts exceed Rs. 2 crores and net income declared is less than 5% of gros....