Completion of cases under limited scrutiny during the financial year 1998-99-regarding, - Income Tax - 1955/1998

INSTRUCTION NO. 1955/1998 Dated: November 11, 1998 Subject: Completion of cases under limited scrutiny during the financial year 1998-99-regarding, The Board vide its Instruction No. 1949 dated 7th July, 1998, has, for the limited period upto 31.3.99, empowered the Chief Commissioner of Income tax to authorise the completion of non-time barring scrutiny cases in certain exceptional circumstances. In furtherance to the said instruction, the Board further desires the CCIT to authorise all assessing officers to complete limited scrutiny" with respect to all returns of income filed during the Finance Year 1998-99. The cases may be selected for limited scrutiny, in accordance with parameters specified in Board's Instruction No. 1938 dated 17.5.96 and on the basis of such norms the CCIT concerned may like to prescribe. 2. All cases selected for limited scrutiny shall be completed on priority basis and in any case not later than 31st March, 1999. 3. The above instruction is applicable with immediate effect and only upto 31.3.99. The same may be brought to the notice of all concerned and the compliance may be ensured by the CCIT F.No. 225/65/98-ITA II(Pt-II) (Malathi R. Sridharan) Under Secretary to the Govt. of India.