Monetary limits in respect of publishing names under section 287.

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..... pect of publishing names under section 287 was examined by the Government. It has been decided that the existing monetary limit of Rs. 1 lakh for tax defaulters in the cities of Bombay and Calcutta should be increased to Rs.5 lakhs and the limit of Rs.25,000/- prescribed for other charges should be increased to Rs.1 lakh. It has also been decided to simplify the publication work by publishing the .....

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..... petition/application is pending at the end of the financial year in which the name is otherwise fit for inclusion. 3, Accordingly, an order F.No.385/63/73-IT(B) dated 10.8.77 in supersession of earlier order on the subject, F.No.1/1/69-IT(B) dated 9.6.69 has been issued. A copy of the same is printed below. 4. While publishing names of tax defaulters it has been decided to invite the public to f .....

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..... India as well as in important local newspapers (one leading English daily and two leading vernacular dailies) on the basis of the said order of the Government. 6. A copy of the list should also be placed on the Notice Board of the Income-tax Office. In multi-Commissioners' charges, a single publication in respect of all the Commissioners may be issued by the commissioner of Income tax-I at that .....

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..... Corporations; 3. Refinance Corporation Ltd. (now defunct; 4. I.C.I.C.I. Ltd; and 5. Any other banking company or Finance Corporation. 9. In this connection attention is also invited to the DI(RS&P), New Delhi's letter No.8/RSP/65/3223 dated 16th July, 65 addressed to all commissioners of Income-tax. The amounts in default should be worked out having regard to the following: (i) In cases wher .....

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..... excluded. (iii) in order to allow a reasonable time to the defaulters in paying of the outstanding taxes only the names of those defaulters who do not pay their dues within two months of the appellate orders need be published. If any assessee pays the amount before the list is sent to the Press his name should be deleted from the list.
Circular, Trade Notice, Public Notice, Instructionsor Of .....

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