Withdrawal of clarification u/s Section 138 of the Income tax Act regarding disclosure of information of assessee to authorities-CBDT
F. No. 225/120/2016/ITA.II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
North Block, New Delhi,
Dated the 22nd of September, 2016
Subject : withdrawal of clarification regarding Sec. 138 of the Income tax Act, 1961 with reference to CBDT earlier notification No. SO 576 dated 23/05/2003, which was issued by CBDT on 21st September, 2016 vide F.No. 225/120/2016/ITA.II
Sir/Madam ,
The clarification regarding Sec. 138 of the Income tax Act, 1961 with reference to CBDT earlier notification No. SO 576 dated 23/05/2003, which was issued on 21st September, 2016 vide F.No. 225/120/2016/ITA.II, is hereby withdrawn. This may be brought to the notice of all concerned.
Yours faithfully
Neeraj Gupta
DCIT (OSD) -ITA.II
ITAT quashed reassessment on the basis of borrowed belief of Anti-Corruption Bureau without applying mind In a recent judgment, ITAT…
In considering disallowance u/s 40A(2) for payments to specified persons, genuineness of expenditure is not a relevant issue. In a…
Expression “Yes I am satisfied” in approval u/s 151 not such a vital defect on the basis of which, re-opening…
Section 143(1) Intimation is only an intimation and it cannot be treated as an order for the purpose of Section…
Order u/s 127 quashed as PCIT having jurisdiction over non corporate assesee could not have transferred case of a corporate…
DGFT issues modalities for eligibility, receipt and processing of applications for issuance of authorizations for export of wheat flour and…