Home /
Writing off of tax arrears.
X X X X Extracts X X X X
X X X X Extracts X X X X
..... 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 of income-tax arrears by the CsIT in cases exceeding Rs.10,000 a....