TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Inspecting Assistant Commissioners Can Now Write Off Tax Arrears Up to Rs. 10,000 Independently Under Revised Rules.</h1> The circular amends a previous instruction regarding the authority of Inspecting Assistant Commissioners of Income-tax to write off tax arrears. The monetary limit for writing off irrecoverable tax arrears has been increased from Rs. 2,000 to Rs. 10,000. Inspecting Assistant Commissioners can now independently write off arrears up to Rs. 10,000 without needing to consult the Local Committee, which includes the Commissioner of Income-tax. These changes should be communicated to all relevant officers.
TaxTMI 
TaxTMI 
