Category Archives: IT Instructions

Stay of demand guidelines before CIT (A) have prospective Effect : CBDT

Revised guidelines for stay of demand before CIT(A) have prospective effect; CBDT clarifies [ Refer Pay 20% of disputed demand for Stay of Demand at CIT (A) of Income Tax :DATED 31-7-2017 ] F.No.404/72/93-ITCC Dated 25th August 2017 Subject Partial modification of Instruction No 1914 dated 21.03.1996 to provide for guidelines for stay of demand at the… Read More »

Income Tax scrutiny Guidelines for financial year 2017-2018 : CBDT Instruction No. 05/2017 Dated 7th of July, 2017

Instruction No. 05/2017 Government of India Ministry of Finance Department of Revenue (CBDT) North-Block, New Delhi the 7th of July, 2017 To All Pr. Chief-Commissioners of Income-tax/Chief-Commissioners of Income-tax All Pr. Directors-General of Income-tax/Directors-General of Income-tax Sir/Madam Subject: Guidelines for selection of cases for scrutiny during the financial-year 2017-2018-regd.- 1. In supersession of earlier Instructions on… Read More »