Category Archives: IT Instructions

Due date for linking Aadhaar with PAN Extended till June 30, 2018 by CBDT

By | March 27, 2018

The Central Board of Direct Taxes (CBDT) has extended the last date for linking of Aadhaar with PAN from March 31, 2018 to June 30, 2018. This is the 3rd time, CBDT has extended the due date for linking Aadhaar number with PAN. F. No.225/270/2017 /ITA.II Government of India Ministry of Finance Department of Revenue… Read More »

Instruction No 01/2018 Dated 1202.2018 : CBDT : E Assessment

By | February 12, 2018

SECTION 143, READ WITH SECTIONS 142 & 2(23C), OF THE INCOME-TAX ACT, 1961 – ASSESSMENT – CONDUCT OF ASSESSMENT PROCEEDINGS IN SCRUTINY CASES ELECTRONICALLY INSTRUCTION NO.1/2018 [F.NO.225/157/2017-ITA.II], DATED 12-2-2018 Sub-section (23C) of Section 2 of the Income-tax Act, 1961 (Act), applicable from 1-6-2016, provides that “hearing” includes communication of data and documents through electronic mode. Accordingly to facilitate… Read More »

Limited scrutiny under income Tax : CBDT instructions to Assessing Officer

By | December 1, 2017

F.No. DGIT(Vig.)/HQ/Sl/2017-18 Government of India Ministry of finance Department of Revenue Central Board of Direct Taxes New  Delhi-11 0001 Dated:    30th November, 2017 Subject: Unauthorized expansion of the scope of limited scrutiny- instructions- reg. CBDT has issued detailed guidelines/ directions for completion of cases of limited scrutiny selected through CASS module. These guidelines postulate that an… Read More »

Revised ITRs filed post demonetisation ? CBDT directions for scrutiny assessment

By | November 25, 2017

The Central Board of Direct Taxes (CBDT) has issued directions related to some important issues which are to be considered by AO while framing scrutiny assessments pertaining to filing of revised/belated returns by assessee’s post-demonetisation. Dated 24th November 2017 F.No.225/291/2017/ITA.II FOR DEPARTMENTAL USE ONLY F. No. 225/391/2017/ITA.II Government of India Ministry of Finance Department of… Read More »

Instruction No. 10/2017 Income Tax : Processing of income-tax returns u/s 143(1)

By | November 16, 2017

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 the Income-tax Act, 1961 Subject :Processing of income-tax returns filed in Forms ITR-2, 3, 4, 5 & 6 under section 143(1) of the Income-tax… Read More »

ITR 1 Processing u/s 143(1) of Income Tax : CBDT Instruction No 9/2017

By | October 11, 2017

Summary :- As per Section 143 (a)(vi) ( inserted by the Finance Act, 2016, w.e.f. 1-4-2017 )  The total income or loss shall  be computed after making the following adjustments, namely: (vi) addition of income appearing in Form 26AS or Form 16A or Form 16 which has not been included in computing the total income in the return:… Read More »

Do e Assessment in time barring scrutiny cases : CBDT clarify

By | September 29, 2017

Instruction No. 8/2017 Government of India Ministry of Finance Department of Revenue (CBDT) North Block, N.Delhi, dated the 29′” of September, 2017 Subject: Conduct of Assessment Proceedings electronically in time-barring scrutiny cases-Order under section 119 of the Income-tax Act, 1961 (‘Act’)-regd.- As a part of Government’s initiative towards E-governance, Income-tax Department has brought digital transformation… Read More »

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

By | August 26, 2017

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

By | July 8, 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 »

Instruction No 5/2016 Income Tax Dtd 14.07.2016 : Limited Scrutiny enquiry

By | July 14, 2016

Instruction No. 5/2016 [F.NO.225/269/2015-ITA.11], Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, the 14th of July, 2016 Subject: Direction regarding scope of enquiry in cases under ‘Limited Scrutiny’ selected through CASS 2015 & 2016-regd.- Vide Instruction No. 20/2015 dated 29.12.2015 in File of even number, Board has laid down Standard… Read More »

Instruction No 20/2015 Income Tax : 29.12.2015 : scope of scrutiny for CASS cases

By | December 29, 2015

INSTRUCTION NO.20/2015 [F.NO.225/269/2015-ITA-II], Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, the 29 th of December, 2015 Subject: Scrutiny Assessments-some important issues and scope of scrutiny in cases selected through Computer Aided Scrutiny Selection (‘CASS’)-reg .- The Central Board of Direct Taxes (‘CBDT’), vide Instruction No. 7/2014 dated 26-9-2014… Read More »

Instruction No. 7/2014 Income Tax : Scope of inquiry for scrutiny during Financial 2014-15

By | September 26, 2014

Instruction No. 7/2014 Government of India Ministry of Finance Department of Revenue (CBDT) Room No. 143E, North-Block,  New-Delhi Dated the 26  th  of September 2014 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: – Scope of enquiry in cases selected for scrutiny during the Financial Year 2014-2015 on… Read More »