Has the Income Tax Department Issued a Notice to Eknath Shinde's Son?

Synopsis
Key Takeaways
- No notice issued to Eknath Shinde's son by Income Tax Department.
- The CASS cycle selects cases based on risk parameters.
- High-value deductions may trigger scrutiny.
- Income Tax Department uses various factors to assess risk.
- Transparency and accountability are vital in tax regulations.
New Delhi, July 10 (NationPress) Official sources confirm that no notice has been issued by the Income Tax Department to Eknath Shinde's son, Shrikant Shinde. This clarification comes after some media outlets reported the issuance of notices related to Eknath Shinde and his son.
Sources explained that the CASS cycle (Computer-Assisted Scrutiny Selection) for the income tax returns (ITRs) filed for the assessment year (AY 2024-25) has recently been executed. The CASS cycle operates by selecting cases for scrutiny based on defined risk parameters, without human intervention.
One significant risk parameter is when a taxpayer claims deductions exceeding Rs 5 crore under sections 54/54B/54F, among others.
Upon checking with the Directorate of Income Tax (Systems), it was found that both Eknath Shinde and his wife, Lata Eknath Shinde, had claimed deductions exceeding Rs 5 crore each. This has led to notices being triggered under the CASS cycle due to the applicable risk parameters.
A senior official elaborated that the Income Tax Department establishes specific risk parameters based on various elements. These elements can include declared income, discrepancies with third-party information, claimed deductions, expenses, and previous filing history.
The CASS system assesses all filed ITRs against these predefined parameters. ITRs that exceed certain risk thresholds or raise red flags are flagged for potential scrutiny.