43. Scrutiny of returns.

(1) The designated officer shall scrutinize every return filed under section 26 of the Act. If scrutiny  of the return, it is found  that a less tax has been paid than the tax actually payable as per the return, the designated officer, shall serve a notice upon the person concerned directing him to rectify the same and to pay the amount of tax less paid, along with the interest payable under section 32 of the Act and produce the Treasury Receipt(s) before the designated officer, within the time specified in the said notice:  

(2) If, it is  found that the tax or interest under section 32 of the Act has been paid in excess of the amount , actually payable according to the return, the designated officer, shall inform the same to the person by sending a notice within one month of completion of such scrutiny.  

(3) If, upon receipt of the notice referred to in sub-rule (1), the person complies with the direction made in the said notice and furnishes proof of compliance the Designated Officer, shall make a record of the same and close the scrutiny.

 

(4) If, the person does not comply with such directions or expresses his disagreement in writing, adducing reasons for such disagreement with the directions made in such notice, the designated officer, unless he accepts such reasons as correct and justified, shall refer the matter within a period of fifteen days refer4 the matter for,-
(a) audit under section 28 of the Act; or
(b) making assessment under sub-section (2) of section 29 of the Act; or
(c) making provisional assessment under section 30 of the Act; or
(d) the designated officer may, require such person for production and inspection of accounts etc. under section 46 of the Act.