Tag: CBDT Instruction
Scrutiny of revised-belated returns post-demonetisation-important issues. CBDT list instances indicating abuse of Income Tax provisions CBDT in its latest instruction has cautioned all PCCITs and DGITs regarding revised/belated returns filed by assesses post-demonetisation and issued guidelines for important issues to be considered while framing scrutiny assessments in such …
CBDT guidelines for applicability of section 143(1)(a)(vi) for ITR processing pertaining to ITR Forms 2-3-4-5 & 6 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Instruction No. 10/2017 North Block, New Delhi, the 15th of November, 2017 Order under section 119 of …
Manual paper return with refund claims filed by non super senior citizens not valid-CBDT As per Section 139(1) of the Income Tax Act, 1961 read with Rule 12(3) of Income Tax Rules, 1962, every individual whose total income during the previous year exceeds five lakhs or if any …
No addition for mismatch of income with 26AS form 16 16A for ITR1 u/s 143(1)(a)(vi) unless income is altogether not disclosed. CBDT Instruction Instruction No. 9/2017 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, the 11th October, 2017 …
All time barring scrutiny cases to be assessed under e-Proceedings in all 7 metros cities and where assessee so consents. CBDT puts manual proceedings on hold till 15 October Instruction No. 8/2017 Government of India Ministry of Finance Department of Revenue (CBDT) North Block, N.Delhi, dated the …
Revised guidelines for stay of demand at first appeal stage. Minimum deposit amount for grant of stay increased to 20% of the disputed amount from existing 15% F. No. 404/72/93-ITCC (FTS:284146) Government of India Ministry of Finance Department of Revenue Central Board ofDirect Taxes New Delhi, 31st July, …
Income Tax Internal Audit-Revised Instruction No. 06/2017. In the light of C&AG observations, CBDT has issued a revised and comprehensive instruction Income Tax Internal Audit-Revised Instruction No. 06/2017 In the light of C&AG observations, the working of the Internal Audit set up in the Income tax Department has …
Income tax scrutiny guidelines FY 2017-18. CBDT Instruction for selection of cases for scrutiny during financial-year 2017-2018 Instruction No . 5/2017 Government of IndiaMinistry of Finance Department of Revenue (CBDT) North-Block, New Delhi th e 7th of July, 2017 To All Pr. Chief-Commissioners of Income-tax/Chief-Commissioners of Income-tax All …
Potential cases for prosecution u/s 276CC identified for failure to furnish return of income. The Section provides rigorous/simple impriosnment of 7 years to 3 months EFS Instruction No. 63 Tel: 0120-2770029, Fax: 0120-2770452 Email:adg2.systems@incometaxindia.gov.in DIRECTORATE OF INCOME TAX (SYSTEMS) ARA Centre, Ground Floor, E-2, Jhandewalan Extension, New Delhi-110055 …
Issue of notice us 133(6) for cash deposits verification under Operation Clean Money. CBDT issues Instructions for procedure to be followed Instruction No. 4/2017 Government of India Ministry of Finance Department of Revenue Central Board of Direct taxes North Block, New Delhi dated the 3rd of March, 2017 …