Summary assessment u/s 143(1). - Income Tax - 454/CBDT

INSTRUCTION NO. 454/CBDT Dated: September 14, 1972 Section(s) Referred: 143(1) Statute: Income - Tax Act, 1961 With reference to your letter No. Poll. Stat. No. 3(B)/Cir/72-73 dated 5-8-1972 copy printed below. I am directed to say that the approximate number of 12 and 25 for scrutiny and summary assessments respectively to be inspected by an IAC for his summary assessment circles, should be interpreted as indicating the intended approximate inspection scope for each summary circle ITO under an IAC. These inspections are, however, not intended to be of detailed type as the regular inspections of IACs are. It should not take much time for the IACs to check up the relevant number of summary and scrutiny assessments by the tests respectively prescribed in sub-paras (4) and (5) of para 1 of the Board's letter No. 246/26/72-A PAC dated 3-6-72. Even with regard to the number 12 and 25 suggested, the Commissioners, keeping in view the circumstances of their charge and of a particular Range could make suitable modification. 2. As regards the point raised in para 3 of your letter under reply, I am to say that in the context of the Board's intention to enlarge the field for summary assessments, para 2(ii) of Instruction No. 289 (F. No. 385/31/71-ITB) dated 30th April, 1971 read with para 2(i) of Instruction No. 426 (F. No. 233/1/72-A PAC) dated 14-6-72 lays down two conditions for simultaneous fulfilment if a case of the specified type has to be taken up for detailed scrutiny; firstly it should stand marked as a Category I case, and secondly the returned/assessed income in either the current year or in any one of the last two years should exceed Rs. 25,000 to Rs. 50,000, as may be. If either of these conditions is not fulfilled the case should be covered by summary assessment procedure.