Processing of taxpayer information: prescribed income tax authority may process documents and share outcomes with assessing officers. The amendment renumbers the existing provision as sub section (1) and inserts sub section (2) authorising the prescribed income tax authority to process ... Summary
Processing of taxpayer information: prescribed income tax authority may process documents and share outcomes with assessing officers.
The amendment renumbers the existing provision as sub section (1) and inserts sub section (2) authorising the prescribed income tax authority to process any information or document received in response to a notice under sub section (1) and make the outcome of such processing available to the Assessing Officer.
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