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>Assessing Officers Must Use Prescribed Register for Income and Wealth Tax Rectifications; Follow Office Manual Strictly.</h1> The board has identified an issue where an assessing officer failed to rectify an income tax assessment after receiving share income information. To address this, the board mandates using a prescribed register for rectifying both income tax and wealth tax assessments simultaneously when provisional share income is included. Assessing officers must ensure all entries are recorded in the order sheet as per the office manual and follow up on new information. Any negligence in these duties will be taken seriously.
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