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F.No.225/363/2017-ITA-11
Government of India
Ministry of Finance
Department of Revenue

Central Board of Direct Tax

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New Delhi, 26th July , 2019

To

All Principal Chief-Commissioners of Income-tax
All Principal Director Generals of Income-tax

Sir/Madam,

Subject: – Extension of timeline for completion of assessments in OCM cases where no return has been filed in response to notice u/s. 142(1) of the Income-tax Act,1961(‘Act’) and the assessments have to be completed u/s.144 of the Act – reg

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Ref:- Boards letter vide F.No. 225/363/2017-ITA-II dated 05.03.2019

2. Representations have been received from field formation stating that the time line given by the Board for completion of assessments in OCM cases where no return of income filed in response to the notice u/s 142(1) of the Act and the assessments have to be completed u/s.144 of the Act is not sufficient.

3. Upon the consideration of various difficulties related to completion of assessments in such OCM cases, as reported by the field formation, the time line for completion of assessment in such OCM cases as specified earlier by the Board is hereby extended and assessments in such cases shall be completed by 30.09.2019.

4. This issues with the approval of Competent Authority.

Yours faithfully,

(Rajarajeswari R)

Under Secretary (ITA.II), CBDT.

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