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Increase in turnover

This query is : Resolved 
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(Querist)
11 June 2013 IF TURNOVER OF A SOLE PROPRIETOR INCREASES FROM 9 LAKHS TO 48 LAKHS WILL IT ATTRACT INCOME TAX SCRUTINY
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
12 June 2013 Generally this is not a criteria for the selection of scrutiny assessment. However,
the assessing officer can select a case with the prior approval of Additional CIT / Joint CIT after recording reasons for doing so. In such cases the approving authorities has to monitor and ensure that, quality assessments are framed in these cases.
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