What Is Scrutiny Assessment?
Scrutiny Assessment refers to the assessment of income tax return through supplying the assessee with a chance for substantiating the losses, incomes, and deductions, claimed in the tax return with legitimate proof.
Documents Required For Applying:
The Income Tax Return for the previous year is required.
What Is The Process Of Registration?
1. Taxpayer goes through an inquiry conducted by the assessing officer.
2. It is done to ensure that the data given by the taxpayer is correct and legitimate.
3. All data, financial records and such are analyzed.
Scrutiny might be held if the taxpayer has forgotten to file an Income Tax Return for the previous year. If you do receive a letter for the process of assessment, do not panic. Taxlegit is here to help you with a process that might otherwise seem complex and tough.
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