TMI BlogCentralised processing of returns furnished with Post offices / electronically.X X X X Extracts X X X X X X X X Extracts X X X X ..... earlier assessment year he will have to use the old forms. 2. It has been made mandatory to furnish e-return by the corporate taxpayers after 24.7.2006. However, for other taxpayers it is optional to furnish the return electronically. Some important aspects relating to these new forms and furnishing thereof electronically have been clarified by the Board vide Circular No. 9/2006 dated 10.10.2006. It is imperative that this Circular may be carefully gone through. 3. It has been decided by the Board that the following returns are to be processed centrally:- (i) Returns furnished at postal offices. (ii) Returns furnished under the Electronic Furnishing of Return of Income Scheme, 2004 [Notified vide S.O. No. 1073(E) dated 30.9 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... alised processing of the above mentioned returns for each RCC/CC in his region. The designated Assessing Officer should be based at net-work stations only. (iv) Every Chief Commissioner/Director General of Income-tax shall pass an order assigning concurrent jurisdiction to the Assessing Officers selected by the Cadre Controlling Chief Commissioner in accordance with (iii) above for purpose of processing the return under section 143(1). The concurrent jurisdiction to the designated Assessing Officer shall be only in respect of the following:- a. processing of the return under section 143(1); b. issue of intimation/demand notice/issue of refund in respect of processing under 143(1); c. rectification under section 154 in respect of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ioned cases will also be carried out centrally by the designated Assessing Officers. (viii) Where e-return does not tally with the paper return, the designated Assessing Officer shall correct the data in the e-return and process the case accordingly. (ix) The designated Assessing Officer shall generate intimation in every case and send the same under his signature. The demand notice or refund, if any, shall also be issued by the designated Assessing Officer. (x) If the return of income is filed in Form No.2F, or the new annexure-less Form No.1 or new annexure- less Form No.2 or new annexure-less Form No. 3, credit for TDS/TCS shall be given on the basis of information furnished in the return as if the TDS/TCS certificates were f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (xvi) The paper returns processed by the designated Assessing Officer shall be centrally stored with the designated Assessing Officer. If required, the Assessing Officer with whom the designated Assessing Officer exercises the concurrent jurisdiction may obtain a copy of the return from the designated Assessing Officer. (xvii) In case of any default noticed by the designated Assessing Officer which may attract any penalty provision, the designated Assessing Officer shall intimate the same to the Assessing Officer for taking the decision to initiate or not to initiate the penalty proceedings. No penalty proceeding shall be initiated by the designated Assessing Officer. F.No.133/38/2006-TPL (Sharat Chandra) Secretary, CBDT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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