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of <h1>CBDT Circular Clarifies Prosecution Procedures for Income Tax Act Sections 276B, 276BB; No Mandatory Counsel Opinion Needed</h1> The circular issued by the Central Board of Direct Taxes (CBDT) addresses the procedure for launching prosecutions under sections 276B, 276BB, and related sections of the Income Tax Act, 1961. It clarifies that the Chief Commissioner of Income Tax (CIT) is not required to seek the opinion of the Prosecution Counsel in every case involving these sections before granting sanction under section 279(1). The offenses are considered technical in nature, lacking the term 'wilfully.' However, the CIT must identify relevant individuals as 'Principal Officers' and assess any claims of reasonable cause for failure before proceeding with prosecution.
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