Malhotra Legal Aid

Malhotra Legal Aid We provide all tax matters, consumer matters and other legal services. Feel free to contact.

CBDT Issues Guidelines for compulsory selection of Income Tax returns for Complete Scrutiny during the Financial Year 20...
13/05/2022

CBDT Issues Guidelines for compulsory selection of Income Tax returns for Complete Scrutiny during the Financial Year 2022-23 and procedure for compulsory selection in such cases vide Instruction No. F.No.225/ 81/2022/ITA-II Dated: 11th May, 2022. CBDT notifies Scrutiny criteria/Guideline for following parameters for compulsory selection of returns for Complete Scrutiny-
1. Cases pertaining to survey u/s 133A of the Income-tax Act, 1961 (Act)
2. Cases pertaining to Search and Seizure
3. Cases in which notices u/s 142(1) of the Act, calling for return, have been issued & no returns have been furnished
4. Cases in which notices u/s 148 of the Act have been issued
5. Cases related to registration/ approval under various sections of the Act, such as 12A, 35(1)(ii)/ (iia)/ (iii), 10(23C), etc.
6. Cases involving addition in an earlier assessment year(s) on a recurring issue of law or fact and/or law and fact
7. Cases related to specific information regarding tax-evasion. 🙏

Filing of Updated Income Tax Return 2022-23: Earlier, you only had a window of 5 months from the due date of filing retu...
27/04/2022

Filing of Updated Income Tax Return 2022-23:

Earlier, you only had a window of 5 months from the due date of filing returns, to revise the tax returns. Now, there is a new provision introduced that allows filing updated tax returns within a period of two years from the end of the relevant assessment year. However, the updated return cannot be filed to report additional loss or decrease in the tax liability. This provision is introduced to provide an opportunity to include missed or undisclosed income or any other error leading to less filing of tax in the original tax return.
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27/04/2022
We provide solutions to your legal matters.Specialized in Tax Matters, Consumer Litigations & other monetary matters.Exp...
27/04/2022

We provide solutions to your legal matters.
Specialized in Tax Matters, Consumer Litigations & other monetary matters.
Experience of over decade.

We provide all tax matters, consumer matters and other legal services.
Feel free to contact.

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