Taxman to spare those earning > Rs 10L

Appreciating the concerns of these taxpayers and with a view to mitigate their hardships,it said,Central Board of Direct Taxes has reviewed its scrutiny selection procedure.

Senior citizens for this purpose would be individual taxpayers who are 60 years of age or more. Small taxpayers would be individual and HUF taxpayers whose gross total income,before availing deductions does not exceed Rs 10 lakh,it said.

Scrutiny of income tax returns is an important mechanism for ensuring taxpayer compliance and to counter tax-evasion,it said.