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.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
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.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.