FAQs On Cases to be Reopened before 31st March 2021: CBDT

To,

All the DGsIT(Inv.)/CCsIT (Central)/ DGIT (I&CI)

Subject: Action required to be taken in cases where income escaping assessment pertains to A.Y.s 2013-14 to 2017-18-reg.

Ref: Instruction issued vide F. No. 414/132/2018-IT(Inv. I) (part I) dated 05.03.2021.

Respected Madam/Sir,

Kind reference is invited to the above.

2. In this regard, I am directed to convey that clarifications/queries have been received from various field formations with respect to an instruction issued vide F. No. 414/132/2018-IT(Inv. I) (part I) dated 05.03.2021. In view of the above, a FAQ (Frequently Asked Questions) has been prepared for necessary guidance of the field formations. FAQ is enclosed for your kind perusal and necessary action.

3. This issues with the approval of the Chairman and Member (Inv.), CBDT[i/c]:

Frequently Asked Questions (FAQs) with respect to Board’s directions issued vide F. No. 414/132/2018-IT(Inv. I) (part I) dated 5th March 2021

Question No. 1. Which functionality is to be used for uploading the information in respect of cases where the income escaping assessment pertains to AYs 2013-14 to 2017-18 as mentioned in Para 2(a) of the aforementioned directions issued vide F. No. 414/132/2018-IT(Inv. I) (part I) dated 5th March 2021?

Answer: (a) In cases where income escaping assessment pertains to AYs 2013-14 to 2017-18, and where enquires/investigations have been completed by 05/03/2021, the information and verification results thereof are to be uploaded on the ‘Verification Report Upload (VRU)’ functionality.

(b) In cases where actionable information is of bulk nature (eg. beneficiaries in cases of entry operators, penny stock transactions, etc.) the ‘Case Related Information Upload (CRIU)’ functionality is to be used for uploading the information.

Question No. 2. In respect of Para 2(a) of the aforesaid directions, whether all such cases where information has already been disseminated to the erstwhile AO/JAO are required to be uploaded using the said functionalities. Does this include all reports sent even earlier, which had information involving escapement of income relevant for A.Y.s 2013-14 to 2017-18?

Answer: Information or Verification result, which has not been disseminated previously or has been disseminated after 01.04.2019, maybe uploaded using the VRU/CRIU functionality. In respect of information disseminated before 01.04.2019, it is expected that the concerned Assessing Officer must have already taken the necessary action.

Read & Download the full Copy in pdf: