ITR scrutiny notice: Income Tax Department looks at these parameters while selecting ITRs for scrutiny

The Income Tax Department provides guidelines for Income Tax Return (ITR) scrutiny. These guidelines ensure transparency in sending income tax scrutiny notices. The Central Board of Direct Taxes issues circulars outlining criteria for mandatory selection of ITRs. The latest circular was issued for Financial Year 2025-26. Taxpayers should note the latest ITR scrutiny guidelines.

from Tax-Wealth-Economic Times https://ift.tt/W3A4S6x