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

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..... -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 ('IBM')(Form H-1 in case of Iron Ore mining and Form H- .....

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..... er 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 taken for all the years concerned. 5. This may be brought to the .....

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