16 August 2016
Hi, Could somebody, please share their actual experience in limited scrutiny? Is it really focused on the point mentioned in the letter or not? Can AO ask for all kinds of documentation not connected with the point mentioned for limited scrutiny? (But connected with other translations).. Thank you
16 August 2016
Do you know the ICEBERG? It is said only 1/7 th portion is visible, the remaining is under water.... This limited scrutiny can be viewed as iceberg. If the answers given by us in the first run are agreeable to Income Tax Department, then the subsequent probing of enquiry is not done.