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TMI BlogMinutes of the ‘All India Conference of DGIT (Inv.)/CCIT (Central)’ held on 10.5.2003 at Mumbai.X X X X Extracts X X X X X X X X Extracts X X X X ..... r (Inv.) has desired that the decisions taken should strictly implemented immediately. Wherever necessary, suitable instructions from the Board will follow shortly. Yours faithfully, Sd/- (SHARAT CHANDRA ) Director (Inv. II & III) Encl. As above. An All India Conference of the Directors General of Income Tax (Inv.) and Chief Commissioners of Income Tax (Central) was convened by Member (Inv.), CBDT on 10.5.2003 at Aayakar Bhavan, Mumbai. Deliberations were mainly focused on following topics: 1. Search & Seizure operations - Strategy and approach for F.Y.2003-04, 2. Improving quality of Search & Seizure operations, Maintenance of record to provide MIS at various stages, 3. Reduction of arrear demand in Central Charges and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ra)) should ensure that such tendency of making unwarranted additions on the part of the AO are curbed at the earliest. Therefore, it was decided that all DGlT(Inv.)/CClT (C) should review the assessment made in 2002-03 in Central Charges where additions made more than Rs.10 crore in metropolitan and Rs. 5 crore in non-metropolitan charges. Formal letters shall be issued by the Board in consultation with DGs. [Action : DGIT(lnv.)/CCIT(C), DS(Inv.I),CBDT] (iii) Member (lnv.) advised all DGIT (lnv.)/CCIT(C) to look into workload of CIT(A)(C) and redistributed the work. He desired that appeals in scam cases of 1992 at Mumbai should be disposed of by 31.5.2003. [Action : All DGsIT(Inv.)/CCsIT(C)] (iv) DGIT (lnv.) should play a pro-activ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... passed and relevant evidences can be collected from assessee to determine the need for seizure. [Action: All DGsIT] (x) Regular books of accounts, documents like passport, Export documents, etc. should not be generally seized. [Action : All DGslT] (xi) There should be due application of mind while considering release of assets u/s 132B. It was also decided to examine as to whether Investigation Wing can also release the disclosed seized assets. [Action : All DGslT/CCslT(C)/Direclor (Inv. II),CBDT] (xii) There should not be any detailed investigation by DDIT (Inv.) as far as possible, during post search period. The case record/ Appraisal Report should be handed over to the Assessment Officer as early as possible within a period ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rd. [Action : Director (Inv. II)] (xvi) Internal Audit System of Central Charges as prescribed by the Board in non-Metro charges is to be reviewed because internal audit work takes away a major chunk of time available to the officers of Central Charges. [Action : DS (Inv. I)] (xvii) In cases where no appeals have been filed, suo-moto u/s 264 of Income Tax Act, 1961 can also be resorted to set aside the assessments with high pitched additions and frivolous demand. [Action : All DGsIT (lnv.)/CCsIT (Central)] (xviii) One Inspector should be posted with each CIT(A) (Central). [Action : All DGsIT (Inv.), CCslT] (xix) As regards dossier report, especially in cases where there are no material changes, it was agreed in principle tha ..... X X X X Extracts X X X X X X X X Extracts X X X X
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