Guidelines for compulsory selection of returns for Complete Scrutiny during the Financial Year 2020-21 - conduct of assessment proceedings in such cases

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....uch cases - regarding. Kindly refer to the above. 2. Keeping in view of the Faceless Assessment Scheme, 2020 implemented by the Department and the difficulties being faced amid COVID-19 pandemic, the parameters for compulsory selection of returns for Complete Scrutiny during Financial Year 2020-21 and conduct of assessment proceedings in such cases are prescribed as under: S No. The Parameter Assessment Proceedings to be conducted by 1 Cases pertaining to survey u/s 133A of the Income-tax Act, 1961 ('Act')   Cases pertaining to survey u/s 133A of the Act, excluding those cases where books of accounts, documents, etc. were not impounded and returned income (excluding any disclosure made during the Survey) is not less than retu....

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.... in which notices u/s 142(1) of the Act, calling for return, have been issued   (i) Cases where no return has been furnished in response to a notice u/s 142(1) of the Act. These cases will be taken up for compulsory scrutiny by NeAC. (ii) Cases where return has been furnished in response to notice u/s 142(1) of the Act and where notice u/s 142(1) of the Act was issued due to the information contained in NMS Cycle/AIR information/information received from Directorate of IC&I. These cases will not be taken up for compulsory scrutiny and the selection of such cases for scrutiny will be through CASS cycle. (iii) Cases where return has been furnished in response to notice u/s 142(1) of the Act and where notice u/s 142(1) of the Act w....

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....u/s 143(2) of the Act by the Jurisdictional Assessing Officer for compulsory selection, assessment proceedings in such cases will be conducted by NeAC. 5 Cases related to registration/approval under various sections of the Act, such as 12A, 35(1)(ii)/(iia)/(iii), 10(23C), etc.   Cases where registration/approval under various sections of the Act, such as section 12A, 35(1)(ii)/(iia)/(iii), 10(23C), etc. have not been granted or have been cancelled /withdrawn by the Competent Authority, yet the assessee has been found to be claiming tax‑exemption/deduction in the return. However, where such orders of withdrawal of registration/approval have been reversed/set-aside in appellate proceedings, those cases will not be selected und....