The CBDT has issued a comprehensive document called the “Digital Evidence Investigation Manual”. The Manual points out that the days of manual books of account and other documents are getting extinct and that most books of account and documents are maintained on digital media devices. Any worthwhile investigation of such books and documents requires proper handling and thorough analysis to ensure its integrity and evidentiary value. The Manual provides insight into the legal framework for acquiring digital evidence, a step-by-step procedure as to how such devices should be approached, how relevant data be identified and how clones have to be prepared and utilized for the purposes of investigative analysis

Vide Order No. 209 of 2014 dated 15.11.2014, the CBDT has ordered the local transfer & posting of 465 officers in the grade of Commissioners of Income-tax. Vide Order No. 207 of 2014 dated 15.11.2014, the CBDT has ordered the transfer & posting of officers in the grade of Additional / Joint Commissioners of Income-tax. Vide Order No. 206 of 2014 dated 15.11.2014, the CBDT has ordered the transfer & posting of officers in the grade of Assistant/ Deputy Commissioners of Income-tax. Vide Order No. 205 of 2014 dated 15.11.2014, the CBDT has ordered the transfer & posting of officers in the grade of Principal Commissioners of Income-tax.

Eminent Senior Advocate Abhishek Manu Singhvi, who has appeared in several landmark income-tax cases such as Vodafone, has been assessed to undisclosed income of Rs. 91.95 crore by the Income Tax Settlement Commission. Penalty of Rs. 56.67 Cr u/s 271(1)(c) …

S. 271(1)(c) Penalty Of Rs. 56.67 Cr Levied On Abhishek Manu Singhvi Read More »

Hon’ble Shri. D. V. Sadananda Gowda has been appointed Minister of Law & Justice with effect from 9th November 2014. He was earlier the Chief Minister of Karnataka and the Minister of Railways

The CBDT has issued an Office Memorandum dated 07.11.2014 setting out 12 steps that have to taken by the department to ensure a “non-adversarial tax regime”. One of the important points made is that Assessing Officers must cease issuing “long …

No More Frivolous Or High-Pitched Assessments Allowed: CBDT To AOs Read More »

Vide Order No. 195 of 2014 dated 03.11.2014, the CBDT has ordered the transfer and posting of several officers in the grade of Commissioner of Income Tax with immediate effect and until further orders. Vide Order No. 196 of 2014 dated 03.11.2014, the CBDT has ordered local changes in the grade of Commissioner of Income-tax

The Joint Director of Income-tax Systems has issued a letter dated 29.10.2014 stating that 5,09,898 taxpayers who had submitted an e-return in the earlier AYs with returned income of Rs. 10 lakhs and more have not filed a return for AY 2014-15. It has been stated that as a measure of revenue augmentation, a notice must be sent to the non-filers to furnish their returns for AY 2014-15

The Directorate General of Income Tax (Vigilance) has issued a letter dated 14.10.2014 stating that the department shall be observing the theme of “Combating Corruption — Technology as an enabler”. It is stated that the Observance of the Vigilance Awareness Week every year is a step towards promoting integrity whereby all the stake holders arc enthused to fight the malaise of corruption. In line with the CVC’s suggestion, the Chief Commissioners have been advised to consider undertaking various activities during the Vigilance Awareness Week such as display of banners, posters, organizing debates, lectures, etc and also to take a “pledge” that corruption will be avoided