Inbound FATCA data handling centralises receipt, prioritisation and dissemination of actionable cases for tax verification and enforcement. The DIT (I & CI), New Delhi is the Nodal Officer for inbound FATCA/CRS data: receive data from the Competent Authority, prioritise into quantum slabs, segregate high risk cases, populate PANs using internal systems, requisition ROI for bulk matching, identify mismatches (non filing, missing/incomplete Schedule FA, nondisclosure or understatement), segregate actionable cases and disseminate them to jurisdictional DsIT (I & CI) on password protected media, transmit deficient data back to the Competent Authority, act as repository for non actionable cases, and collate utilisation reports for CBDT.
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.
Inbound FATCA data handling centralises receipt, prioritisation and dissemination of actionable cases for tax verification and enforcement.
The DIT (I & CI), New Delhi is the Nodal Officer for inbound FATCA/CRS data: receive data from the Competent Authority, prioritise into quantum slabs, segregate high risk cases, populate PANs using internal systems, requisition ROI for bulk matching, identify mismatches (non filing, missing/incomplete Schedule FA, nondisclosure or understatement), segregate actionable cases and disseminate them to jurisdictional DsIT (I & CI) on password protected media, transmit deficient data back to the Competent Authority, act as repository for non actionable cases, and collate utilisation reports for CBDT.
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