Comments on: Scrutiny Assessment under the Income-tax Act with Special reference to Annual Information Returns

By: Gulabrohit

Gulabrohit — Wed, 22 Feb 2012 15:49:00 +0000

my client had deposit rs.10 lacs in his saving bank a/c. and his case was selected for scrutiny u/s. 143 (2) under it act,1961, what is the remedy to nullify the same.any case releted in this subject pls.give me case name or case number of any high court/atit/or supereme court.
Gulab Rohit (ITP)

By: Ragesh Shah

Ragesh Shah — Wed, 28 Dec 2011 11:36:59 +0000

What is the time limit to serve to proceeding in case of cash deposited more then 10 Lacs in saving bank a/c in single a/c year. E.g a/c year 2007-2008 and date of filing return is say 1.9.2008.
Can Applet rejects the appeal furnishing the source of income or savings out of last 45 years of salary income.
Can we fight at High Court for such issue.
Pl guide.
Ragesh – 9619730353

By: Ragesh Shah

Ragesh Shah — Wed, 28 Dec 2011 11:22:14 +0000

In the case of cash deposited of more then 10 lacs as per s.no 1 and furnishing the detail source of income generated of salary income since last 40 year , IT dept has rejected the appeal and can we go for HC. Also is there is any time limit to serve such notice for scrutiny by AIR information received. i,e if I deposited cash in A/c yr 2007-2008 and file return on dt say 1-10-2008 what will be the time limit for IT dept to serve the notice and we can say it as time-bar notice.
Pl guide and provide your contact details also.