https://www.taxtmi.com/circulars?id=9009 Reduction of tax arrears is mandated through targeted collection and administrative measures to cut outstanding demand within the financial year, with emphasis on concentrating on recently raised arrear demand, accelerating credit for prepaid taxes, and prompt disposal of rectification and adjustment applications. Special Squads drawn from existing staff must verify arrear registers for cases above a specified threshold, expedite adjustments and appeal effects, prepare rectification orders, ensure reductions are entered in the Demand and Collection Register, and hand over continued follow-up to the local ITO, while long-standing demands are to be scrutinised for write-off and reported up the chain. en-us Wed, 21 Jul 1976 00:00:00 +0530 Wed, 01 Jun 2011 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9009 Reduction of tax arrears is mandated through targeted collection and administrative measures to cut outstanding demand within the financial year, with emphasis on concentrating on recently raised arrear demand, accelerating credit for prepaid taxes, and prompt disposal of rectification and adjustment applications. Special Squads drawn from existing staff must verify arrear registers for cases above a specified threshold, expedite adjustments and appeal effects, prepare rectification orders, ensure reductions are entered in the Demand and Collection Register, and hand over continued follow-up to the local ITO, while long-standing demands are to be scrutinised for write-off and reported up the chain. Circulars Income Tax Wed, 21 Jul 1976 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9009