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of <h1>CBDT Circular Urges ITOs to Improve Coordination and Enforce Section 40A(5) for Foreign Technicians' Salaries Compliance.</h1> The circular issued by the Central Board of Direct Taxes (CBDT) addresses issues of coordination between Income Tax Officers (ITOs) assessing foreign technicians and those assessing employers. It highlights lapses in disallowing salaries and perquisites exceeding limits under Section 40A(5) of the Income Tax Act, 1961, leading to revenue loss. To prevent this, the circular instructs ITOs to conduct thorough inquiries into technicians' employment terms and share relevant information with employers' assessing officers. Additionally, audit parties should consider Section 40A(5) applications and advise counterparts auditing employers to ensure compliance and correct assessment.
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