749/CBDT.

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....llect cash from individual defaulters while effecting recovery of tax in the circumstances referred to in Rules 22, 47, 60(1) and 73 of the Second Schedule to the I.T. Act, 1961. The said Instruction seeks to impress upon the T.R.Os. and their Inspectors that they should follow the detailed procedure laid down in the Compilation of the Treasury Rules for receipt of Government monies and payment of....

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....1973 but failed to render immediate accounts and tender the collections to the cashier for remission into the Treasury. Eventually, after the lapse of many months when the TRO insisted on the production of the T.R. 5 Receipt Book by the Inspector, embezzlement exceeding Rs. 10,000 extending over a long period was detected. It was further found that one of the numbered receipts was missing in the R....

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....d promptly accounted for. A certificate of verification should be duly recorded. Henceforth, such verification (with a proper certificate) should be done every month. Surprise checks should also be made. The Annual Vigilance inspection of a T.R.Os. office should cover this aspect. It may be pointed out that under T.R. 85 before a Form T.R. 5 Receipt Book is brought in use, the number of forms cont....