Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Working of special circles for professional and contractors.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hough this is the second year of the functioning of special circles for such persons, the facts brought out in the Report show that there is scope for improvement in the functioning of the circles from various angles. 2. In many Commissioners charges, the work relating to centralisation of such cases has not seriously been taken up. The reports show that such circles are functioning in the foll....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....les should be created in the following cities: Ahmedabad, Allahabad, Chandigarh, Cuttack, Cochin, Jaipur, Jabalpur, Indore Nagpur and Trivandrum. 3. The object of formation of these circles is to ensure that all professionals and contractors having taxable income/wealth are brought to taxnet and to provide necessary expertise to the officers in making their assessments. However, the report of t....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....me will be dealt with as summary assessment . In other words, in the operation of the Summary Assessment Scheme, there is no distinction between professionals and non-professionals. It is expected that the Inspecting Assistant Commissioners incharge of these circles should remain in close and constant touch with the work of survey for discovering new assessee and give requisite guidence to the ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ioners:- (i) starting special circles for professionals and contractors in more places, wherever considered feasible; (ii) to expand the jurisdiction of the circles so as to include contractors, architects, engineers, as well as doctors, lawyers and chartered accountants; (iii) to ensure that all professionals and contractors having taxable income are brought on the registers of the Depar....