Compulsory deposit compliance: field officers must maintain registers and pursue recovery and penalty proceedings promptly. Audit revealed systemic failures to collect deposits and to maintain proper records under the Compulsory Deposit Act. Commissioners must ensure ITOs scrutinise returns at assessment, enter liable assessees who have not paid or have underpaid in a dedicated register, and commence recovery and penalty proceedings. ITOs should review completed assessments from the retrospective period to determine enforcement action and complete penalty proceedings expeditiously, while Range Inspecting Assistant Commissioners verify register maintenance during 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.
Compulsory deposit compliance: field officers must maintain registers and pursue recovery and penalty proceedings promptly.
Audit revealed systemic failures to collect deposits and to maintain proper records under the Compulsory Deposit Act. Commissioners must ensure ITOs scrutinise returns at assessment, enter liable assessees who have not paid or have underpaid in a dedicated register, and commence recovery and penalty proceedings. ITOs should review completed assessments from the retrospective period to determine enforcement action and complete penalty proceedings expeditiously, while Range Inspecting Assistant Commissioners verify register maintenance during inspections.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
