749/CBDT.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....cers and the Inspectors attached to them are empowered to collect 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 Tr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ounts from defaulter assessee during the period March-August, 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 furthe....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s that all the cash collections made hitherto have been fully and 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....