Income Tax

ITD dedicated fortnight  to clear pendency of Appeal Effect, Rectification and public grievance

Income Tax Department to dedicate a fortnight  for  clearing  pendency  of Appeal  Effect and Rectification and for redressing public grievance

CBDT has decided to dedicate the second fortnight of May, 2019 i.e. 16th to 31st May, 2019 to expeditious disposal of appeal effect and rectification claims of the taxpayers.

During this period, all assessing officers shall accord top priority to the work of giving appeal effect and passing of rectification orders, and shall earmark the first half of the day to meet applicants/ counsels who seek to have a hearing to explain their case.

In the area of rectification, special attention may be given to demands on account of TDS mismatch and demands disputed by the taxpayer in proceedings u/s 245 as delay in such cases is creating widespread dissatisfaction amongst taxpayer.

As per a office memorandum issued to all Pr. Chief Commissioners & Directors General of Income Tax, the CBDT has directed that all supervisory officers shall monitor effective utilization of the fortnight for the specified purposes .

In view to give wide publicity of the observance of the fortnight,  it has also been directed to publicize it the local media and banners/ posters also to be placed in office premises to make the taxpayers aware of the drive undertaken by the Department.

The Pr. CCIT/CCIT/Pr . CIT have also been advised to write to the local chapter of ICAI and the Bar Association informing them of the organization of the fortnight and encouraging them to use this opportunity to get as many pending matters disposed of as possible.

Share

Recent Posts

  • Income Tax

AO took a reasonable stand that 25 kg written in WhatsApp chat was 25 lakh – ITAT

Assessing Officer had taken a reasonable stand that 25 kg written in WhatsApp chat/text message was 25 lakh - ITAT…

2 hours ago
  • Income Tax

Shareholders can’t be taxed for income from properties owned by the company – HC

Shareholders are only owners of the shares of the company therefore, income from properties earned by the company cannot be…

4 hours ago
  • Income Tax

Jurisdictional error in reassessment approval can’t be shielded by the law of limitation

When approval for reassessment was granted by unauthorised authority, such jurisdictional error cannot be shielded by the law of limitation…

7 hours ago
  • Income Tax

ITAT ought to remanded whole matter of bogus purchases instead of profit determination

ITAT on presumption of bogus purchases ought to have remanded case to AO to reconsider the whole matter instead of…

8 hours ago
  • Income Tax

Where proceedings u/s 153C barred by limitation, AO can’t invoke section 148 & 148A

Where proceedings u/s 153C are barred by limitation, AO can not reopen the case invoking section 148 and 148A of…

1 day ago
  • bankruptcy

Corporate guarantees executed by corporate debtor constitute “financial debt” under IBC

Corporate guarantees executed by the corporate debtor constitute “financial debt” under IBC and banks to be recognized as financial creditors…

1 day ago