Criteria for selection of cases for scrutiny of returns of political parties. - Income Tax - 1940/1996

INSTRUCTION NO. 1940/1996 Dated: June 11, 1996 Section(s) Referred: 143 Statute: Income - Tax Act, 1961 Reference is invited to Board's Instruction No. 1939 dated 17.5.96 (F.No. 225/70/96/ITA-II) where by parameters for selection of cases for scrutiny have been laid down by the Board. These guidelines do not prescribe any criteria for selection of cases for scrutiny of returns of political parties. The matter has been considered in the Board and it has been decided that all assessments of political parties upto Assessment year 1996-97 irrespective of whether the returns are filed voluntarily or in response to a notice issued u/s 142(1) or 148, may be completed after scrutiny. 2. This may be brought to the notice of all concerned.