Depreciation reopening of assessment at instance of the tax exemption allowance development rebate or any other allowance or deduction as determined under sub-section. 80g is greater or smaller the amount of the depreciation allowance development rebate or as the case may be other allowance or deduction properly allowable, under this Act the amount of the refund as determined under sub-section greater or smaller than amount of the refund.

Reopening of assessment at instance

If any due under this is proper computation or the status in the assessed been assessed under sub-section 12a is different from the status in which assessed is properly assessable under this act tax or interest is found due on the basis of such return after adjustment of tax deducted at source any advance tax paid and any amount paid otherwise of tax or interest then without prejudice to the provisions of sub-section an intimation shall be sent to the specifying payable and intimation shall be deemed to be a notice of demand issued under the section.

All the provisions of this act shall apply accordingly and refund is due on the basis of such return it shall be granted to the laded act that in computing the tax or interest payable by refundable to the following adjustments shall be made in the income or loss declared in return namely, any arithmetical errors in the return accounts or documents accompanying it shall be rectified any loss carried forward deduction allowance or relief which basis of information available in such return accounts or documents is prima facie admissible but which is not claimed in the return shall be allowed.


As per circular issued by the Ministry of Finance the Income tax exemption is allowed exemption to donors of funds institutions carrying out road safety programmers through engineering measures enforcement education and emergency care. It further says that once a 80g fund or institution is set up for carrying out such road safety programmed it may seek registration under 12A charitable or religious trust and approval under 80G of the Act, which provides for tax exemption of cent on the amount invested for this purpose the implication of is extensive and therefore it may not be possible on the part of the auditor to make independent inquiries therefore, the auditor before certifying the annexure to form should ensure and also clearly state the scope of this work and the responsibilities owned. It is important the auditor should mention in this report that the details of the persons covered under were provided by the trustees of trust or the functionaries.