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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....e 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 demonetisation period. In continuation thereof, the Board her....

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....d 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 Online mode; iv. It is re-iterated that verification under 'Operation Clean Money' is....

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....e 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 deposits of Rs……….. relating to you. The information in respect of these transactions has already been made availab....

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....bmit 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 accordance with the relevant provisions under the Act. Please also note that non-compliance within the prescribed time may attract penal pro....