Investigation Wing

Central Information Commission (CIC) has opined that non-disclosure of feedback on probe in tax evasion complaints filed by whistle-blowers will dissuade them from giving any future information. Acknowledging that the investigation wing of the income tax department was exempted from the purview of RTI act, the CIC said such blanket ban would "dis-enthuse" whistle-blowers which may not be in the "best interest of state revenues". Full Article

When a part of the surrender can be accepted on proper explanation the rest can also be allowed to be explained. The assessee's claim that balance was from cash withdrawals from cash book has to be tested on the facts appearing in the case. For that test it would be necessary that cash book be examined. Both members agree to that effect - the Accountant Member stating that if cash is found withdrawn it should be excepted whereas the Judicial Member directs to verify as t.. Full Article