Centralised Verification Scheme, 2019

Jan 31, 2019 | by Avantis RegTech Legal Research Team


The Department of Revenue on January 30, 2019 has published Centralised Verification Scheme, 2019 for centralised issuance of notice and for processing of information or documents and making available the outcome of the processing to the Assessing Officer.

This scheme shall be applicable to any information or documents:

(1)     in possession of the Centre; or

(2)    made available to the Centre, by:

                           i.            the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems);

                         ii.            the Director General of Income-tax (Risk Assessment);

                        iii.            the Director of Income-tax (Intelligence and Criminal Investigation);

                       iv.            the Commissioner of Income-tax in charge of the Centralised Processing Centre for processing of returns;

                         v.            the Commissioner of Income-tax in charge of the Centralised Processing Cell for processing of statements of tax deducted at source; or

                       vi.            any other authority, body or person,

in accordance with the orders issued by the Board under section 119 which specifies the provisions regarding instructions to subordinate Authorities by the Central Board of Direct Taxes (CBDT)  of the Act.

[Notification No. S.O. 550(E)]

URL: http://egazette.nic.in/WriteReadData/2019/196257.pdf


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