Acit-4(1)(1), Mumbai, Mumbai vs Quality Application Solutions Pvt. ... on 20 February, 2026
selected for complete
scrutiny under CASS for the reasons:
i. Low turnover in comparison to outward foreign
remittance;
ii. Foreign remittance made to persons located ... explanation. The
Assessing Officer recorded that turnover increased from Rs. 84
crores to Rs. 109 crores, trade receivables decreased from Rs.
7.65 crores