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of <h1>Madras High Court affirms Income-tax Officer's discretion to require security u/s 220(6) for tax in abeyance.</h1> The Income-tax Officer has the discretion under Section 220(6) of the Income-tax Act, 1961, to impose conditions when deciding whether to treat an assessee as not in default. This includes requiring the assessee to provide suitable security to safeguard revenue interests. The Madras High Court case supports this authority, emphasizing the officer's broad discretion in stipulating conditions. Instruction No. 1067 was intended to guide certain cases but was not exhaustive. Therefore, in appropriate situations, the officer may require security for tax amounts held in abeyance, considering all relevant circumstances.
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