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    <title>Instructions to the AO’s for initiating proceedings u/s 147 of I.T. Act, 1961 in e-Verification cases</title>
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    <description>Assessing Officers must review High-Risk e-Verification cases where Prescribed Authorities have prepared PVRs and FVRs including an estimated Value at Risk; they may obtain specified authority approval and initiate reopening proceedings and issue reopening notices without first issuing the intermediary verification notice. All verification materials, PVRs and taxpayer submissions are available on the Insight portal e-Verification module for AO review, and initiation of proceedings is performed via the portal which pushes the activity to ITBA for notice generation.</description>
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    <pubDate>Fri, 01 Mar 2024 00:00:00 +0530</pubDate>
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      <description>Assessing Officers must review High-Risk e-Verification cases where Prescribed Authorities have prepared PVRs and FVRs including an estimated Value at Risk; they may obtain specified authority approval and initiate reopening proceedings and issue reopening notices without first issuing the intermediary verification notice. All verification materials, PVRs and taxpayer submissions are available on the Insight portal e-Verification module for AO review, and initiation of proceedings is performed via the portal which pushes the activity to ITBA for notice generation.</description>
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      <pubDate>Fri, 01 Mar 2024 00:00:00 +0530</pubDate>
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