Summary assessment u/s 143(1).

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... r scrutiny and summary assessments respectively to be inspected by an IAC for his summary assessment circles, should be interpreted as indicating the intended approximate inspection scope for each summary circle ITO under an IAC. These inspections are, however, not intended to be of detailed type as the regular inspections of IACs are. It should not take much time for the IACs to check up the rele .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... detailed scrutiny; firstly it should stand marked as a Category I case, and secondly the returned/assessed income in either the current year or in any one of the last two years should exceed Rs. 25,000 to Rs. 50,000, as may be. If either of these conditions is not fulfilled the case should be covered by summary assessment procedure. - Circular - Trade Notice - Public Notice - Instructions - Offi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X