Watch list reporting to financial intelligence units enables Pan India transaction surveillance for persons under tax investigation.
The memorandum directs tax authorities to send lists of persons under watch to the national financial intelligence unit to obtain Pan India financial transaction details for individuals or entities under investigation. Required data include name, father's name, PAN and address where available, and communications are to be marked Secret for use in surveillance and revenue protective investigative activity.

F1 suspicious transaction reports must be reported and prioritised in monthly D.O. letters, replacing prior P1 references.
Reporting of F1 suspicious transaction reports (STRs) must replace P1 STR references in monthly D.O. letters to Member(Inv.), with pendency and disposal statistics furnished for F1 cases. F1 STRs, reclassified by FIU IND as the most significant, must receive investigative priority and prompt action; the January 2018 D.O. letter should be corrected to show F1 data. The instruction reiterates prior CBDT communications and directs uniform compliance in reporting and handling.

Third party information adjustments require taxpayer electronic response or automatic adjustment under section 143(1)(a)(vi), via e filing dashboard, promptly.
Section 143(1)(a)(vi) permits adjustment of returned income where third party information (Form 26AS, Form 16A, Form 16) appears omitted. An initial awareness email/SMS will seek an electronic response via the e filing dashboard; failure to respond or unsatisfactory response will lead to a formal intimation and, if still unanswered within the statutory period, automatic adjustment. Responses must be: filing a revised return if fully agreed; filing a revised return plus a reconciliation statement if partially agreed; or filing a reconciliation statement if disputed. CPC ITR will then process returns under section 143(1) read with the specified provision and CBDT instructions.