Only vishwas, no vivad: Just 1% of ITRs face scrutiny
tax returns filed by taxpayers are accepted without scrutiny, said government sources familiar with the matter.
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Even the minuscule 1% cases picked for scrutiny are based on credible information available with the department through third-party reporting, they said, pushing back against the criticism of aggressive income assessment notices.
The scrutiny happens only in those cases flagged by algorithm-based data analytics, and where the probability of tax additions is very high.
Even where cases are reopened for assessment the assessee is given an opportunity to present his side.
«The entire process of scrutiny assessment, starting from the selection of the case for scrutiny to the conduct of assessment, is carried out on the basis of objective criteria,» the source said, adding that the assessment process itself has eliminated any scope for arbitrariness and bias by the introduction of the faceless assessment scheme.
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