Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Income Tax Assessments: Minimize Delays, Limit Adjournments, and Ensure Compliance with Public Accounts Committee Observations.</h1> The circular addresses concerns about delays in completing significant income tax assessments, specifically Category I and II cases. It highlights the Public Accounts Committee's observation of substantial pendency and urges the government to discourage procrastination by both assessees and assessing authorities. The Board recommends that assessing officers should not grant adjournments unless there are compelling reasons. Requests for adjournments from assessees should be carefully evaluated and approved only if genuinely unavoidable. Inspecting Assistant Commissioners are instructed to monitor and address unnecessary adjournments during their inspections. All officers are advised to adhere to these guidelines.
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