TMI BlogChecking of tax calculations by ITOs.X X X X Extracts X X X X X X X X Extracts X X X X ..... e surprised to see the large number of cases with total income exceeding Rs.1 lakh commented on in the Audit report 1969 in which the ITOs had failed to check tax calculations. At para 1.34 of their 117th report they have desired that the board should take a serious view of such lapses. 3. In an earlier letter F.NO.36/40/67-IT(Audit) dated 31-12-68 the board have already instructed the CsIT that ..... X X X X Extracts X X X X X X X X Extracts X X X X
|