Recovery of taxes including stay of demands.

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.... 29th May,1970 the Additional Commissioners of Income-tax(Recovery) have been assigned all the functions of the CsIT under the I.T.Act in connection with the recovery of taxes including stay of demands, withholding of refunds under section 241 and the work of Tax Recovery Commissioners. It has been further stated in Instruction No.160 dated 18th April,1970 that the responsibility for appropriate a....

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....oard have themselves assumed the responsibility for watching the liquidation of arrears in all cases of arrear demands above Rs.25 lakhs. In this connection reference is invited to Board's letter No.F.3/62/69-ITB dated 7th January,1970. It was in view of this that the Addl.CsIT were made responsible for appropriate action only in cases of tax arrears between Rs.1 lakh and Rs.5 lakhs. It is however....