Scruitny norms

Regarding Scruitny Norms:

What does this mean?

"Cases involving an addition of more than Rs 10 lakh in an earlier assessment year on a substantial and recurring question of law or fact which is confirmed in appeal or is pending before an appellate authority"

Does the above mean that - If I have filed ITR for an income of 10 lakhs. If my Income increases to 21 lakhs this year. I will be compulsorily scruinitinised.

My Client invested around 25 lakhs FD last year. Last year - It did not appear in 26AS as she had given 15H. During Subsequent Year she asked the bank to detuct TDS. Hence she got an Interest income of over 2.5 lakhs in addition to what ever she got last year. Client is worried if she will get the Notice.

 

 

Replies (2)

"Addition" pertains to addition made in scrutiny.

So, Does CASS decides scruitny purely on AIR returns?

If i file a return for say 5 lakhs this year, 7.5 lakhs next year and 10 lakhs the year after.

This is a 50% increase in income compared to previous year? Will CASS detuct this and

send call for scruitny?

Apart from AIR - Are there any other norms that is used?

 

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