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2004 (8) TMI 99 - ANDHRA PRADESH HIGH COURT
Scrutiny assessment - Whether, Tribunal is correct in holding that the assessee's case falls under the instructions issued by the Department in Instruction No. 1935 dated March 12, 1996? - Department issued a circular by way of press release on March 12, 1996. These guidelines were regarding "scrutiny assessment guidelines for assessment year 1996-97". By these guidelines, it was notified that the Income-tax Department had decided not to select returns for the AY 1996-97 for detailed scrutiny, if the total income declared is at least 30 per cent, more than the total income declared for the assessment year 1995-96 – Held that the circulars can be adverse to the Income-tax Department, but still, are binding on the authorities of the Income-tax Department – Revenue’s submission that these instructions were not binding on the Tribunal or court or were not available for execution to any judicial authority, not acceptable – Revenue’s appeal dismissed