696/CBDT.
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....ts Committee this year: "6(vii) Reopened cases and set-aside cases which are pending. 2. Your attention is invited to Board's Circular No.10-p(V-68) dated 15-10-1968 F.No.22/15/68-IT (Inv) laying down administrative time limit of two years for completion of assessments under the categories referred to above. Your attention is further invited to Board's Instruction No.511 (F.No.230/20/72-A&PA....
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....ferred to above, pendency is reported to have gone up as on 31-3-73 in comparison to 31.3.72. The position is really alarming and calls for an immediate action to avoid adverse criticism by the PAC in this regard. 4. The Board desires that a time-bound programme for completion of such assessments may be laid down in your charge for liquidating all re-opened and set aside case relating to 197071....
TaxTMI