Information sharing under section 138(1)(a): tax data to be furnished to the Ministry of MSME under MoU safeguards. The Principal Director General of Income tax (Systems), New Delhi, is designated under section 138(1)(a) to furnish specified taxpayer information to the Ministry of MSME, limited to Schedule DPM (depreciation on plant and machinery) from ITR 3/5/6, sales/gross receipts from ITR 3/5/6, and gross turnover/gross receipts from ITR 4. A Memorandum of Understanding with the notified Ministry authority will govern mode of transfer, confidentiality, secure preservation, data weeding after use, and timelines, and a copy of the MoU must be sent to the issuing division for record.
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Provisions expressly mentioned in the judgment/order text.
Information sharing under section 138(1)(a): tax data to be furnished to the Ministry of MSME under MoU safeguards.
The Principal Director General of Income tax (Systems), New Delhi, is designated under section 138(1)(a) to furnish specified taxpayer information to the Ministry of MSME, limited to Schedule DPM (depreciation on plant and machinery) from ITR 3/5/6, sales/gross receipts from ITR 3/5/6, and gross turnover/gross receipts from ITR 4. A Memorandum of Understanding with the notified Ministry authority will govern mode of transfer, confidentiality, secure preservation, data weeding after use, and timelines, and a copy of the MoU must be sent to the issuing division for record.
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