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CBDT has issued the guidelines for compulsory selection of returns for Complete Scrutiny during the Financial Year 2023-24.The CBDT has listed several parameters for the compulsory selection of returns for complete scrutiny and procedures for compulsory selection in such cases. Official copy of the notificaiton has been mentioned below F.No.225/66/2023/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Dated: 24
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FAQ :
The CBDT has released guidelines for the compulsory selection of income tax returns for complete scrutiny during the Financial Year 2023-24, outlining the specific parameters and procedures for this selection.
Cases subject to compulsory scrutiny include those related to surveys under section 133A, search and seizure operations, unfiled returns after notices under sections 142(1) or 148, cases involving specific tax evasion information, and issues with registration/approval for tax exemptions. Additions on recurring issues above certain thresholds are also included.
Yes, cases are excluded from compulsory scrutiny following a survey if books of accounts were not impounded, the returned income is not less than the previous year's (excluding survey disclosures), and the disclosure has not been retracted.
For all cases selected for compulsory scrutiny, the notice under section 143(2) of the Act must be served by 30th June 2023.
These cases follow the same prescribed parameters and procedures but are handled by the respective charges and are not transferred to the National Faceless Assessment Centre (NaFAC) unless the case itself is transferred.
Returns furnished in response to a notice under section 142(1) issued due to information from NMS Cycle, AIS, SFT, or CPC-TDS will not be taken up for compulsory scrutiny; these will be selected through the CASS cycle.
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