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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....tiny during the Financial Year 2020-21 - conduct of assessment proceedings in such 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 im....

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....arges u/s 127 of the Act within 15 days of issue of notice u/s 143(2) for compulsory selection. 3 Cases 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. ....

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....orcement Agencies, including the Investigation Wing; Intelligence / Regulatory Authority / Agency; Audit Objection; etc. After the issue of notice 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 have not been granted or have been cancelled /withdrawn by the Competent Authority, yet the assessee has been found to be claiming tax‑exemption/deduction in the retur....