https://www.taxtmi.com/circulars?id=8793 Commissioners must maintain ledger cards for each Income-tax Officer recording department-accepted mistakes with material tax effect; cards transfer with the officer and inform character-roll considerations without unduly influencing overall annual assessment. Explanations are mandatory for cases appearing as draft paragraphs from external audit and otherwise at Commissioners' discretion after assessing mistake circumstances; explanations must always be obtained where negligence, impropriety or doubt about bona fides exists. For draft-paragraph cases, explanations or their gists with Commissioner observations must be sent to the Board. Quarterly arrears statement requirements are cancelled due to the ledger system. en-us Wed, 15 Dec 1971 00:00:00 +0530 Fri, 27 May 2011 13:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8793 Commissioners must maintain ledger cards for each Income-tax Officer recording department-accepted mistakes with material tax effect; cards transfer with the officer and inform character-roll considerations without unduly influencing overall annual assessment. Explanations are mandatory for cases appearing as draft paragraphs from external audit and otherwise at Commissioners' discretion after assessing mistake circumstances; explanations must always be obtained where negligence, impropriety or doubt about bona fides exists. For draft-paragraph cases, explanations or their gists with Commissioner observations must be sent to the Board. Quarterly arrears statement requirements are cancelled due to the ledger system. Circulars Income Tax Wed, 15 Dec 1971 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8793