TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>CBDT Circular: Enhanced Penalty Proceedings Record-Keeping Mandate for Income Tax Officers; First Report Due October 31, 1973.</h1> The circular issued by the Central Board of Direct Taxes (CBDT) emphasizes the improvement of maintaining statistics related to penalty proceedings in income tax matters. It refers to a previous circular from 1963, which required a register for penalties to be maintained by Income Tax Officers (I.T.Os). To ensure accurate record-keeping, I.T.Os must document penalty proceedings in the register and note the relevant details in the order sheet. Commissioners are tasked with monitoring and reviewing these proceedings through quarterly and half-yearly reports, with the first half-yearly report due by October 31, 1973.
TaxTMI 
TaxTMI 
