Writing off of tax arrears.

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....emands subject to a report to the next higher authority. 2. At present copies of individual orders of write off exceeding Rs.1 lakh in each case are endorsed by the CsIT to the Board. However, reports in respect of cases upto Rs. 1 lakh are furnished in the Annual statement of Remission and Abandonment of claims to revenue. 3. It has been decided that individual cases sanctioning write off o....

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....f reasons for the write off should also be indicated. For this purposes the proforma of CIT's order writing off the irrecoverable tax arrears given in Annexure IV to the booklet on write off should be amended suitably. 5. With regard to the tax arrears written off by the IACs copies of the individual orders will be endorsed by them to the respective CsIT who may see through a broad test check t....