Advance tax compliance: stricter vigilance and prompt penalisation to prevent audit objections and ensure proper notices and credits. The directive requires strict administrative vigilance to prevent audit objections relating to advance tax by ensuring adherence to Chapter XIV(a) of the Office Manual and Board circulars: ensure issuance of statutory notices, levy penal interest or penalty where justified (with notes when waived), invoke statutory provisions for under-estimation or postponement, enforce recovery procedures for instalment defaults including continuing penalties until regular assessment, and maintain prompt, accurate crediting of payments through strengthened recordkeeping and supervisory inspections.
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.
Advance tax compliance: stricter vigilance and prompt penalisation to prevent audit objections and ensure proper notices and credits.
The directive requires strict administrative vigilance to prevent audit objections relating to advance tax by ensuring adherence to Chapter XIV(a) of the Office Manual and Board circulars: ensure issuance of statutory notices, levy penal interest or penalty where justified (with notes when waived), invoke statutory provisions for under-estimation or postponement, enforce recovery procedures for instalment defaults including continuing penalties until regular assessment, and maintain prompt, accurate crediting of payments through strengthened recordkeeping and supervisory inspections.
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