Tax Glossary Definition
Verification of Income Tax Returns: A scrutiny assessment involves a detailed examination of the taxpayer’s Income Tax Return (ITR) by the Assessing Officer (AO) to confirm the correctness of income declared, deductions claimed, and taxes paid. This process helps identify any inaccuracies or inconsistencies in the return.
Example: The AO may issue a notice under Section 143(2) to cross-check income details, exemptions, and deductions reported by the taxpayer.
Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.
We ensure maximum tax benefits.
Taxes? Handled by our CAs and experts.
Reliable, year-round tax support at no cost.
Satisfaction or your money back came twice.
Mobile App Available on: