Issue of notice under section 133(6) of the Income-tax Act, 1961 for verification of cash deposits under 'Operation Clean Money'-regd.

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....k, New Delhi dated the 3rd of March, 2017 Subject: - Issue of notice under section 133(6) of the Income-tax Act, 1961 for verification of cash deposits under 'Operation Clean Money'-regd.- Vide Instruction No. 3/2017 dated 21.02.2017, in file of even number, CBDT has issued a SOP to be followed by the Assessing Officer(s) for Online Verification of Cash Transactions pertaining to the....

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.... facility in ITBA module gets operationalised; ii.  Notice shall be generated through the ITD System only. Hence, no hand written/typed notice is required to be issued by the Assessing Officer in an individual case; iii.  Response to notice under section 133(6) of the Act has to be furnished within the stipulated period by the 'person under verification' only through the On....

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.....II)  (Rohit Garg) Director (ITA.II), CBDT Enclosure: as above   (Annexure) Subject: Furnishing information under section 133(6) of the Income-tax Act, 1961 ('Act') regarding cash transactions made during 9th November to 30th December, 2016-regd.- Dear .............. Income-tax Department has received......... information record(s) showing total cash depos....

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....tails of transaction(s) related to cash deposits during 9th November to 30th December, 2016 will be displayed. Step 4: Submit your online response for each transaction and keep acknowledgement for record. 3.  Non-compliance of this notice may lead to forming a view that there is no plausible explanation in respect of cash so deposited and the matter may be further dealt with in accordan....