Issue of notice under section 133(6) of the Income-tax Act, 1961 for verification of cash deposits under 'Operation Clean Money'-regd.

Issue of notice under section 133(6) of the Income-tax Act, 1961 for verification of cash deposits under 'Operation Clean Money'-regd. https://www.taxtmi.com/circulars?id=55732 Verification of cash deposits for the demonetisation period is to be undertaken via the Online Verification Portal per the SOP dated 21.02.2017. Notices under section 133(6) must be generated through the ITD system only, responses furnished online within the stipulated period, and prior approval of the Pr. CIT/CIT/Pr. DIT/DIT is required before issuing a notice when a person fails to respond to online reminders. Failure to respond may lead to escalation as 'Not-Acceptable' and attract penalty proceedings. en-us Fri, 03 Mar 2017 00:00:00 +0530 Fri, 03 Mar 2017 17:06:00 +0530 TaxTMI RSS Generator Issue of notice under section 133(6) of the Income-tax Act, 1961 for verification of cash deposits under 'Operation Clean Money'-regd. https://www.taxtmi.com/circulars?id=55732 Verification of cash deposits for the demonetisation period is to be undertaken via the Online Verification Portal per the SOP dated 21.02.2017. Notices under section 133(6) must be generated through the ITD system only, responses furnished online within the stipulated period, and prior approval of the Pr. CIT/CIT/Pr. DIT/DIT is required before issuing a notice when a person fails to respond to online reminders. Failure to respond may lead to escalation as 'Not-Acceptable' and attract penalty proceedings. Circulars Income Tax Fri, 03 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55732