https://www.taxtmi.com/circulars?id=11683 Assessing Officers are authorized under the Board's exercise of powers to rectify or reconcile disputed arrear demand figures on merits notwithstanding the expiry of the four year limitation under section 154(7). Where CPC has adjusted refunds based on inaccurate AO uploaded arrear figures, the AO must verify claims, refund any excess, and upload amended figures to the Financial Accounting System; in all other disputed cases the AO must verify and correct arrear figures in records and on the CPC portal. en-us Wed, 20 Jun 2012 00:00:00 +0530 Mon, 25 Jun 2012 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11683 Assessing Officers are authorized under the Board's exercise of powers to rectify or reconcile disputed arrear demand figures on merits notwithstanding the expiry of the four year limitation under section 154(7). Where CPC has adjusted refunds based on inaccurate AO uploaded arrear figures, the AO must verify claims, refund any excess, and upload amended figures to the Financial Accounting System; in all other disputed cases the AO must verify and correct arrear figures in records and on the CPC portal. Circulars Income Tax Wed, 20 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11683