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    <title>Procedure for response to Arrear demand By Taxpayer And Verification and Correction Demand by AOs</title>
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    <description>Circular prescribes an e filing based procedure for taxpayers to respond to outstanding tax demands by selecting whether the demand is correct, partially correct, or disputed, furnishing specified reasons and documentary particulars (such as CIN, challan details, TDS certificates, appeal or stay orders), and receiving a transaction ID. AOs/CPC must verify submissions and departmental records, prioritize certain categories, and reduce, confirm or remove demands by posting challans or issuing rectification orders; reductions without CIN or for TDS not reflected in system are permitted for Individuals and HUFs subject to documentary evidence, indemnity bond and supervisory approval thresholds. Annexure A provides the indemnity bond format.</description>
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    <pubDate>Thu, 14 May 2015 00:00:00 +0530</pubDate>
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      <description>Circular prescribes an e filing based procedure for taxpayers to respond to outstanding tax demands by selecting whether the demand is correct, partially correct, or disputed, furnishing specified reasons and documentary particulars (such as CIN, challan details, TDS certificates, appeal or stay orders), and receiving a transaction ID. AOs/CPC must verify submissions and departmental records, prioritize certain categories, and reduce, confirm or remove demands by posting challans or issuing rectification orders; reductions without CIN or for TDS not reflected in system are permitted for Individuals and HUFs subject to documentary evidence, indemnity bond and supervisory approval thresholds. Annexure A provides the indemnity bond format.</description>
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