Categories of Omissions in Income Tax/Corporation Tax in India (2004-2005 and 2005-2006) | ||||
( Rs. in Crore) | ||||
Category of Audit Observations | 2004-05 | 2005-06 | ||
No. of Cases | Tax Effect | No. of Cases | Tax Effect | |
Avoidable Mistakes in Computation of Income and Tax | ||||
Failure to Observe the Provisions of the finance Acts | ||||
Incorrect Status Adopted in Assessments | ||||
Incorrect Computation of Salary Income | ||||
Incorrect Computation of Income from House Property | ||||
Incorrect Computation of Business Income | ||||
Irregularities in Allowing Depreciation | ||||
Irregular Computation of Capital Gains | ||||
Mistake in Assessments of Firm | ||||
Omission to Club the income of Spouse /Minor Child etc. | ||||
Income not Assessed | ||||
Irregular Set-Off of losses | ||||
Mistake in Assessment While Giving Effect to Appellate Orders | ||||
Irregular Exemptions and Excess Relief Given | ||||
Excess or Irregular Refunds | ||||
Non-Levy/ Incorrect Levy of Interest for Delay in Submission of Returns Delay in Payment of Tax etc. | ||||
Avoidable or Incorrect Payment of interest by Government | ||||
Omission /Short Levy of Penalty | ||||
Under-Assessments of Surtax | ||||
Other Topics of Interest (Miscellaneous Cases) | ||||
Total |