Advisory for conducting scrutiny assessment proceedings in the State of Jammu and Kashmir, in the aftermath of Floods — regarding.

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..... To The Chief Commissioner of Income-tax, Amritsar Madam. Subject :- Advisory for conducting scrutiny assessment proceedings in the State of Jammu and Kashmir, in the aftermath of Floods regarding. It has come to the notice of the Board that due to recent devastation caused by the floods in the State of Jammu Kashmir, the income-tax assessees of that State are facing .....

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..... books of accounts etc., the pending assessments may be completed on the basis of materials available on record. The Assessing Officers are further advised to keep in mind the following points while finalizing assessments in such cases:- In cases of non-production of books of accounts, documents, records etc. requisitioned u/s 143(2) / 142(1) of the Act , the Assessing Officer, even if i .....

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..... lized while finalizing the pending scrutiny assessment; Post-assessment action on recovery of outstanding demand should be decided by the Assessing Officer on a case to case basis and after taking into consideration the assessee's financial condition in the aftermath of floods; The Income-tax Authorities should expeditiously take all necessary steps with adequate sensitivity to resolve g .....

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