Commissioners of Income-tax to ensureITO's plan their work that all important revenue cases are disposed off not later than 31st December, of financial year. - Income Tax - 975/CBDT

INSTRUCTION NO. 975/CBDT Dated : July 8, 1976 Inspite of repeated instructions of the Board to avoid postponement of assessments in important revenue cases to the last quarter of the year, it has been noticed that the practice continues unabated. The Board would like to reiterate these instructions and desire the Commissioners of Income-tax to ensure that the Income-tax Officers so plan their work that all important revenue cases are disposed off in any case not later than 31st December, of the financial year. 2. Pendency of a large number time-barring assessments every year has also been a source of concern to the Board. Board desire that while taking up the time-barring assessments in a particular case, invariably the succeeding year's assessment should also be taken up and completed so as to reduce the burden of carry forward of time-barring assessments to the next year. It is further directed that all time barring assessments should be completed by 1st October, 1976. 3. As planning of assessments for the year is very important, the Commissioners should personally oversee the same and ensure that these instructions are strictly observed by the Income-tax Officers working under them.