The Central Board of Direct Taxes (CBDT) has issued Guidelines for the compulsory selection of returns for Complete Scrutiny during the Financial Year (FY) 2020-21 for conducting of Faceless Assessment proceedings, on September 17, 2020. 

CBDT has prescribed the Five-parameters for compulsory selection of returns for Complete Scrutiny during Financial Year 2020-21 and conduct of assessment proceedings while keeping in view of the Faceless Assessment Scheme, 2020 implemented by the Department and the difficulties faced during the COVID-19 pandemic period.

These five parameters for the compulsory selection of returns include of firstly for the cases relating to survey under section 133A of the Income-tax Act, 1961, secondly for the cases concerning to search and seizure, thirdly of cases in which notices under section 142(1) is issued for calling for return, fourthly for the cases in which notices under section 148 of the Act have been issued and lastly for the cases related to registration/approval under various sections of the Act, such as 12A, 35(1)(ii)/(iia)/(iii), 10(23C), etc.

The Central Board of Direct Taxes (CBDT) also clarified that “Without prejudice to the above, the cases which are selected for compulsory scrutiny by the International Taxation and Central Circle charges following the above-prescribed guidelines, shall, as earlier, continue to be handled by these charges.” 

The Board also directed all the concerned authorities that the selection process of the cases for compulsory scrutiny should get completed by 30th September 2020 based on the guidelines mentioned for the assessment proceedings for certain cases. 

With Warm Regards,

CL Bureau.

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