INSTRUCTION NO. 2/2011 The issue of processing of returns for Asst. year 2010-11 and giving credit for TDS has been considered by the Board. In order to clear the backlog of returns, the following decisions have been taken: (i) In all returns (ITR-1 to ITR-6), where the difference between the TDS claim and matching TDS amount reported in AS-26 data does not exceed Rs. 1 lac, the TDS claim may be accepted without verification.
INSTRUCTION NO. 3/2011 Reference is Invited to Board’s instruction No. 5/2008 dated 15-5-2008 wherein monetary limits and other conditions for filing departmental appeals (In Income-tax matters) before Appellate Tribunal, High Courts and Supreme Court were specified.
INSTRUCTION NO. 75, DATED 7-2-2011. The undersigned is directed to refer to the Instruction No. 67 issued vide letter of even number dated 28th October, 2010 on the subject mentioned above and to say that the last two lines of the same have been modified to read as under:- “that operation of Rule 47(3)(a), (b), (d) and (e) of SEZ Rules, 2006 is kept in abeyance w.e.f. 6.9.2010 until further orders”.
References have been received by the Board from a large number of taxpayers, especially from mofussil areas, that the existing monetary limits for assigning cases to ITOs and DCs/ACs is causing hardship to the taxpayers, as it results in transfer of their cases to a DC/AC who is located in a different station, which increases their cost of compliance.
Section 119 of the Income-tax Act, 1961 – Instructions to subordinate authorities – Instructions regarding income limits for assigning cases to Deputy Commissioners/Assistant Commissioners/ITOs.
Instruction F.No. 609/119/2010-DBK Government of India Ministry of Finance (Department of Revenue) New Delhi, the 18th January, 2011 To, All Chief Commissioners of Customs / Customs & Central Excise, All Directors General of CBEC/CDR, CESTAT, All Commissioners of Customs / Customs & Central Excise. Sir/Madam, Sub: Progress in the implementation of the Bank Realization Certificate […]
Departmental Instruction F.No.267/117/2010-CX8 Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Customs) New Delhi, dated the 14th January, 2011. To, All Director Generals, All Chief Commissioners of Central Excise (including LTU), All Commissioners of Central Excise (including LTU). Sir/ Madam, Subject: Enforcement of penal provisions for non-submission of returns-reg. […]
SEZ : Amendment to the Instruction No. 69 containing guidelines to regulate functioning of plastics/Used clothing units in SEZs INSTRUCTION NO. 74, DATED 31-12-2010 I am directed to refer to Instruction No. 69 dated 4th November, 2010 of this Department on the subject mentioned above. It has been decided to amend para 2(iii) of the […]
SEZ : Creation of Single Window Mechanism for granting various statutory approvals under Environmental and Regulation INSTRUCTION NO. 73, DATED 29-12-2010 The undersigned is directed to enclose a copy of D.O. letter No. 23-16/2009-HSMD, dated 23-11-2010 from Shri Rajiv Gauba, Joint Secretary, Ministry of Environment and Forests along with a copy of minutes of meeting […]
INSTRUCTION NO. 9/2010 Reference may be made to Board’s Instruction No. 7, dated 16-8-2010 in which it has been stated, inter alia, that in cases where the return is filed in ITR-1 and ITR-2 for the A.Y. 2009-10, and where the TDS claim does not exceed Rs. three lakh and where the refund computed does not exceed Rs. Twenty five thousand, the TDS claim of the taxpayer shall be accepted at the time of processing of the returns provided the TDS payment reported in AS-26 is more than Rs. zero.
