TaxTMI 
TaxTMI 
TaxTMI 
Decisions of the Conference in case of reduction of tax arrear.
X X X X Extracts X X X X
X X X X Extracts X X X X
....ar 1976-77. You are, therefore, requested to ensure that the tax arrears of your charge are reduced by 1/3rd, if not more, and the arrears to be carried forward as on 31st March 1977 do not exceed 2/3rd of those as on 31st March 1976. For reaching this target, if the objective of reduction in current and arrear demand laid down for your charge in the light of the All-India objective of the reduction of 85% of the current demand and 45% of the arrear demand set in the Action plan for 1976-77 needs any upward revision, you may please take urgent steps to do so. 3. It will considerably help in achieving the above target, if in respect of the arrear demand, attention is particularly focussed on the collection/reduction of outstanding demand ra....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ate orders etc. not only spoils the fair name of the Department, but also retards the pace of collection/reduction of tax arrears. In this connection, while the question of keeping a separate record for prepaid taxes awaiting adjustment/credit is being examined by DI (O&MS), the Board desires that whenever an assessee submits a claim for allowing credit for prepaid taxes, it should be treated like an application u/s 154; entered in a separate part of section 154 Register and dealt with accordingly. You are also requested to constitute one or more Special Squads depending upon the requirements of your charge, for reduction of tax arrears from out of your existing sanctioned strength of staff. Each such squad, consisting of energetic and expe....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... given immediately with the help of the Ward staff. The consequent reduction of demand should be entered in the D&CR. in the prescribed manner and communicated to the assessee by the I.T.O/his staff. The Inspector of the Squad should personally ensure that the needful has been done in all respects in every such case. (iv) With regard to the pending applications for rectification, the draft orders should be put up by the officials of the Squad to the ITO where they can be disposed off with out granting a hearing to the assessees. After the orders are passed by the I.T.O., the revised tax should be calculated by the Squad. It should also ensure that the reduction in tax is entered in the D&CR and the reduced demand communicated to the assess....
X X X X Extracts X X X X
X X X X Extracts X X X X
....every method so that the work relating to collection/reduction of tax arrears is attended to regularly and promptly by them throughout the year. 5. As mentioned in para. 82 of the Minutes of the Commissioners' Conference in cases where total arrears against an assessee exceed Rs. 5,000 or such higher limit as you may consider suitable for your charge not beyond Rs. 25,000, an entry containing details of those arrears should be made in the order sheet of the miscellaneous folder for the assessment year for which the assessment is taken up for disposal during the current year. The entry would not be a certificate of the correctness or the completeness of the arrears due from the assessee. It will serve as a reminder to the I.T.O., when the a....