DG Anti-Corruption Bureau, Jaipur notified as authority for disclosure of assessee’s information u/s 138

DG Anti-Corruption Bureau, Jaipur notified as authority for disclosure of information of assessee u/s 138

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)

Notification No.106/2019

New Delhi, the 30th December, 2019

S.O. 4709(E).—In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of section 138 of the Income-tax Act, 1961, the Central Government hereby specifies Director General, Anti-Corruption Bureau, Government of Rajasthan, Jaipur for the purpose of said clause.

2. It is clarified that income-tax authority, as specified in Notification No. S.O. No. 731(E) dated 28.07.2000, shall— (i) furnish only relevant and precise information after forming an opinion that furnishing of such information is necessary so as to enable the above notified authority to perform its functions under the law being administered by it; and (ii) convey to the authority being specified vide this notification to maintain absolute confidentiality in respect of information being furnished.

[F. No. 225/ 214/2019-ITA-II]

RAJARAJESWARI R., Under Secy.

• PCIT cannot invoke the revisionary jurisdiction u/s 263 on instance of Assessing Officer
• AO can’t disturb income returned by assessee, without issue of notice u/s 143(2) – ITAT
• Source of cash being sales proceeds of household items upon sale of flat is plausible
• CPC was not justified in making the disallowance u/s 40a(ia) for non deduction of TDS
• No addition when cash deposited in bank was available as cash in hand in the books