Scrutiny notice under cass

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 October 2015 I HAVE RECEIVED NOTICE U/S 143(3) UNDER COMPUTER ASSISTED SCRUTINY SELECTION -CASS REASONS BEING LOW GROSS PROFIT RTION. IN NOTICE THEY HAVE SENT QUESTIONERY ASKING VARIOUS DETAILS SUCH AS SALRY DETAILS , CONFIRMATION OF UNSECURED LOANS , LEDGER A/C OF SUNDRY CREDITORS ETC.

MY QUESTION WETHER I SHOULD PROVIDE ALL DETAILS OR DETAILS ON THE BASIS OF WHICH SCRUTINY CASE SELECTED UNDER CASS I.R RESONS FOR LOW GROSS PROFIT RATIO ?

JAYESH SHAH

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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17 October 2015 You are required to give details on the basis of which scrutiny case selected under CASS i.e. reasons for low gross profit.

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Querist : Anonymous

Querist : Anonymous (Querist)

17 October 2015 PLEASE TELL ME I DONOT NEED TO GIVE OTHER DETAILS SUCH AS LOAN CONFIRMATION, LEDGER ACCOUNT OF SUNDRY CREDITORS , BANK DETAILS LOAN ETC . THERE ARE 18 POINTS OF QUESTIONERY WHICH ITO HAD CALLED FOR WHICH ARE NOT RELEVANT FOR LOW GROSS PROFIT RATION

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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17 October 2015 You need not give other details.

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Querist : Anonymous

Querist : Anonymous (Querist)

20 October 2015 ITO TOLD THAT scrutiny under cass ON THE BASIS OF AIR DATA OR CIB INFORMATION OR NON RECONCIALTION WITH 26 AS DATA THEN ONLY VERIFICATION MAY BE LIMITED . MY CASE IS CASS SCRUTINY SHOWING LOW GROSS PROFIT RATIO. WHETHER IS REFERED AS AIR OR CIB INFORMATION ? WHETHER I SHUOLD GIVE ALL INFORMATION CALLED FOR BY ITO ?

PL GUIDE ME

JAYESH SHAH

Querist : Anonymous

Querist : Anonymous (Querist)

20 October 2015 ITO TOLD THAT SCRUTINY UNDER CASS ON THE BASIS OF AIR OR CIB INFORMATION OR NON RECONCILATION WITH 26 AS THEN ONLY VARIFICATION MAY LIMITED. BUT REASONS FOR CASS, LOW GROSS PROFIT RATIO? WETHER I REQURED TO GIVE FULL DETAILS ( WHICH ARE NOT RELEVANT FOR LOW GROSS PROFIT RATIO ) OR LIMITED DETAILS WHICH RELEVANT FOR LOW GROSS PROFIT RATIO

JAYESH SHAH

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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23 October 2015 Give relevant details relating to low gross profit.

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