Tax information disclosure limited: Board may share taxpayer data with specified authorities only when necessary for statutory functions. A general prohibition bars the Board and tax authorities from providing assessee information except that the Board or its designees may furnish ... Summary
Tax information disclosure limited: Board may share taxpayer data with specified authorities only when necessary for statutory functions.
A general prohibition bars the Board and tax authorities from providing assessee information except that the Board or its designees may furnish information to persons performing functions under tax or other specified laws when the information was obtained under the Code and is, in the furnisher's opinion, necessary for the recipient to perform statutory functions; Commissioners may also disclose on prescribed application if satisfied it serves the public interest, and the Central Government may by order restrict such disclosures.
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