Framing of scrutiny assessments in cases of assessees engaged in the business of Mining

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..... All Pr. Chief-Commissioners of Income-tax/Chief-Commissioners of Income-tax All Pr. Directors General of Income-tax/Directors-General of Income-tax Sir/Madam Subject: - Framing of scrutiny assessments in cases of assessees engaged in the business of Mining regarding The assessees engaged in the business of mining are required to file a Annual Return with Indian Bureau of Mines (' .....

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..... bmitted to the Income-tax Department so as to ascertain whether any suppression of production and discrepancy in stock exists and further necessary action as per provisions of law may be taken. 4. If significant discrepancies between the figures furnished to the mining authorities and the Income-tax Department for other years also come to the notice, then, necessary remedial measures may be tak .....

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