CIB verification procedures mandate uniform verification, specific recommendations, and standardized monthly reporting for tax information transmission. The instruction mandates uniform verification by Central Information Branches of transactions reported from various sources for both existing assessees and non assessees, using statutory inquiry powers where necessary, and categorises verification outcomes into forwarding for assessment records, marking for Assessing Officer action, filing where no taxable capacity exists, and appending verified information to standardized monthly lists. Specific, vetted recommendations must accompany cases proposed for Assessing Officer action, and a prescribed register and monthly reporting format must be maintained for monitoring and oversight by range and commissioner level officers.
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.
CIB verification procedures mandate uniform verification, specific recommendations, and standardized monthly reporting for tax information transmission.
The instruction mandates uniform verification by Central Information Branches of transactions reported from various sources for both existing assessees and non assessees, using statutory inquiry powers where necessary, and categorises verification outcomes into forwarding for assessment records, marking for Assessing Officer action, filing where no taxable capacity exists, and appending verified information to standardized monthly lists. Specific, vetted recommendations must accompany cases proposed for Assessing Officer action, and a prescribed register and monthly reporting format must be maintained for monitoring and oversight by range and commissioner level officers.
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