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Proforma of the quarterly statement of "Demand, Collection and Balance". - Income Tax - 1139/CBDTExtract INSTRUCTION NO. 1139/CBDT Dated : January 16, 1978 After considering the report of the departmental committee on Income-tax which was set up some time ago, it has been decided to modify the existing proforma of the quarterly statement of "Demand, Collection and Balance" and also to prescribe certain source records to facilitate the collection of the data reported in the said statement. 2. The quarterly statement will henceforth be called the "quarterly statement of I.T.Demand in Arrears" and the revised proforma is enclosed as Annex.I. The proforma should be used for furnishing the quarterly report for the quarter ending 31.3.78 and onwards. The source records prescribed in Annexes II and III should be brought into effect from 1.4.78. 3. The "quarterly Statement of I.T.Arrears" will, as at present, contain particulars of all outstanding demands both out of arrear demand and current demand. It will contain particulars of demand, its reduction/collection, etc. in respect of- (i) 020- Corporation-tax excluding Super Profits Tax and Surtax. (ii) Super Profits Tax and Surtax. (iii) 021- Income-tax, i.e, tax on the income of non-company assessees. The amount of arrears of Annuity Deposit and EPT/BPT will also be shown separately in this statement. 4. In the light of certain changes made by the Board in the proforma of the existing quarterly statement and the source records prescribed, DOMS has prepared the necessary guidelines for the compilation of the quarterly statement of IT Arrears and maintenance of source records. A copy thereof is enclosed. Sufficient copies of these instructions are being sent by the Directorate of Inspection (P PR) for supply to all the officers. The Directorate is also making arrangements to print and supply sufficient number of copies of the revised proforma of the Quarterly Statement and Registers in Annexes II and III by 31st March, 1978. In the meantime, you are requested to take steps for ensuring that prescribed source records are introduced in your charge with effect from 1.4.78.
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