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Publication requirement for written-off tax demands: names, particulars and reasons must be publicly disclosed and monitored. Central Government, exercising powers under Section 287 of the Income-tax Act, 1961, directs Commissioners of Income-tax to publish names, addresses, status, assessment years, amounts written off and brief reasons for income-tax demands above the prescribed threshold written off for 1969-70 and subsequent years, in the Gazette and specified newspapers; Commissioners must publish within prescribed deadlines and forward copies to the Director of Inspection (R.S.&P.) who monitors compliance and transmits a copy to the Board.
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Publication requirement for written-off tax demands: names, particulars and reasons must be publicly disclosed and monitored.
Central Government, exercising powers under Section 287 of the Income-tax Act, 1961, directs Commissioners of Income-tax to publish names, addresses, status, assessment years, amounts written off and brief reasons for income-tax demands above the prescribed threshold written off for 1969-70 and subsequent years, in the Gazette and specified newspapers; Commissioners must publish within prescribed deadlines and forward copies to the Director of Inspection (R.S.&P.) who monitors compliance and transmits a copy to the Board.
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