Quarterly statement in respect of cases of arrears over Rs.25 lakhs should be prepared in duplicate.

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....Income Tax<br>INSTRUCTION NO 147/CBDT, Dated: February 16, 1970 I am directed to refer to Shri Palekar's D.O.No.81/156/69-ITB dated the 18th August, 1969 prescribing a quarterly return of arrear....

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....ll be responsible only for the review of the arrear demands in cases of arrears above Rs.25 lakhs. The existing arrangements will continue so far as other matters relating to these cases are concerned....