Write-off powers expanded allowing Inspecting Assistant Commissioners to cancel irrecoverable tax arrears without Local Committee referral. Inspecting Assistant Commissioners of Income-tax are authorised to write off irrecoverable tax arrear demands up to the newly prescribed monetary threshold under their own powers without referring the case to the Local Committee consisting of the Commissioner of Income-tax concerned; the Board directs that this amendment be communicated to all officers under the addressees' charge.
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Provisions expressly mentioned in the judgment/order text.
Write-off powers expanded allowing Inspecting Assistant Commissioners to cancel irrecoverable tax arrears without Local Committee referral.
Inspecting Assistant Commissioners of Income-tax are authorised to write off irrecoverable tax arrear demands up to the newly prescribed monetary threshold under their own powers without referring the case to the Local Committee consisting of the Commissioner of Income-tax concerned; the Board directs that this amendment be communicated to all officers under the addressees' charge.
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