https://www.taxtmi.com/circulars?id=10248 Provisional assessments must be made promptly where regular assessments will be delayed to avoid avoidable interest; Category I returns should be scrutinised immediately, cases attracting provisional assessment entered in a separate register under the ITO's custody, and where regular assessment cannot be completed within six months a provisional assessment should be made forthwith, refunds granted immediately, and reasons for delay noted in the file. Supervisory officers will require half-yearly statements of interest paid by the Government exceeding the stipulated threshold to ensure such payments were unavoidable. en-us Thu, 05 Sep 1974 00:00:00 +0530 Mon, 13 Jun 2011 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10248 Provisional assessments must be made promptly where regular assessments will be delayed to avoid avoidable interest; Category I returns should be scrutinised immediately, cases attracting provisional assessment entered in a separate register under the ITO's custody, and where regular assessment cannot be completed within six months a provisional assessment should be made forthwith, refunds granted immediately, and reasons for delay noted in the file. Supervisory officers will require half-yearly statements of interest paid by the Government exceeding the stipulated threshold to ensure such payments were unavoidable. Circulars Income Tax Thu, 05 Sep 1974 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10248