Raising the Monetary Ceilings for Write-off and Reconstitution of Committees.

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....ite-off of irrecoverable dues of Direct Taxes by the various income-tax authorities. At the same time, the Board have reviewed and modified the existing structure of the Committees for recommending write-off. The revised procedure in this regard would be as follows: Regular Procedure: 2. A three-tier structure of Committees (as against two at present) to consider and recommend write-off has been....

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....pto Rs. 25,000/- Addl. CIT/JCIT Demand over Rs. 25,000/- and upto Rs. 1 Lac Regional Committee 3 officers of the leval of CIT Cadre Controlling CCIT (under intimation to Board) CIT Subject to report to the next higher Demand over Rs. 1 lac and upto Rs. 10 lacs authority Zonal Committee 3 officers of the leval of CCIT CBDT CCIT Subject to report to the next higher authority Demand over ....

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....onetary ceiling under this procedure has been raised from the present leval of Rs. 25/- to Rs. 1,000/-. 4.1 All other conditions and requirements under the Summary Procedure would remain unchanged. 5. These instructions shall apply to irrecoverable dues under all Direct Tax enactments. It is reiterated that all procedures and conditions under the existing guidelines pertaining to write-off of ir....