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    2017-07-31 - Office Memorandum - Stay of Demand at 1st Appeal Stage - Partial Modification of Instruction No 1914 DT 21-Mar-1996

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    Raj A Kapadia
    The document is an office memorandum from the Central Board of Direct Taxes in India modifying guidelines for granting a stay of tax demands during the first appeal stage. It increases the standard rate for payment required to receive a stay from 15% to 20% of the disputed demand amount. The memorandum explains that the previous 15% rate was considered too low based on feedback and efforts to make assessments more reasonable. Other guidelines from the previous memorandum not specifically modified remain in effect.

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    2017-07-31 - Office Memorandum - Stay of Demand at 1st Appeal Stage - Partial Modification of Instruction No 1914 DT 21-Mar-1996

    Uploaded by

    Raj A Kapadia
    350 views1 page
    The document is an office memorandum from the Central Board of Direct Taxes in India modifying guidelines for granting a stay of tax demands during the first appeal stage. It increases the standard rate for payment required to receive a stay from 15% to 20% of the disputed demand amount. The memorandum explains that the previous 15% rate was considered too low based on feedback and efforts to make assessments more reasonable. Other guidelines from the previous memorandum not specifically modified remain in effect.

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    Stay of Demand at 1st Appeal Stage - Partial Modification of Instruction No 1914 Dt 21-Mar-1996

    Original Title

    2017-07-31 -- Office Memorandum - Stay of Demand at 1st Appeal Stage - Partial Modification of Instruction No 1914 Dt 21-Mar-1996

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    The document is an office memorandum from the Central Board of Direct Taxes in India modifying guidelines for granting a stay of tax demands during the first appeal stage. It increases the standard rate for payment required to receive a stay from 15% to 20% of the disputed demand amount. The memorandum explains that the previous 15% rate was considered too low based on feedback and efforts to make assessments more reasonable. Other guidelines from the previous memorandum not specifically modified remain in effect.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    350 views1 page

    2017-07-31 - Office Memorandum - Stay of Demand at 1st Appeal Stage - Partial Modification of Instruction No 1914 DT 21-Mar-1996

    Uploaded by

    Raj A Kapadia
    The document is an office memorandum from the Central Board of Direct Taxes in India modifying guidelines for granting a stay of tax demands during the first appeal stage. It increases the standard rate for payment required to receive a stay from 15% to 20% of the disputed demand amount. The memorandum explains that the previous 15% rate was considered too low based on feedback and efforts to make assessments more reasonable. Other guidelines from the previous memorandum not specifically modified remain in effect.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    31 Ju1170S'04 p 1

    F.l\0.404l72/93-lTCC
    (FTS:284146)
    Government of India
    Ministry of Finance
    Department of Revenue
    Central Board of Direct Taxes !5'lqf
    New Delhi, July, 2017
    OFFICE l\iIEMORANDUM
    Subject: Partial modification of Instruction No. 1914 dated 21.3.1996 to provide for guidelines
    for stay of demand at the first appeal stage.

    Reference: Board's O.M. of even number dated 29.2.2016.

    Instruction No. 1914 dated 21.3.1996 contains guidelines issued by the Board regarding
    procedure to be followed for recovery of outstanding demand, including procedure for grant of stay
    of demand.

    Vide a.M. N0.404f72/93-ITCC dated 29.2.2016.revised guidelines were issued in partial


    modification of Instruction No 1914, wherein. inter alia, vide para 4 (A) it had been laid dOW11that
    in a case where the outstanding demand is disputed before CIT(A). the Assessing Officer shall grant
    stay of demand tiU disposal of first appeal on payment of 15% of the disputed demand. unless the
    case falls in the category discussed in pam (B) there under Similar references to the standard rate
    of 15% have also been made in succeeding paragraphs therein.

    The matter has been reviewed by the Board in the light of feedback received from field
    authorities. In VIew of the Board's efforts to contain over pitched assessments through several
    measures resulting in fairer and more reasonable assessment orders, the standard rate of 15% of the
    disputed demand is found to be on the lower side. Accordingly. it has been decided that the
    standard rate prescribed in O.M. dated 29.2.2016 be revised to 20% of the disputed demand, where
    the demand is contested before CIT(A). Thus, all references to 15% of the disputed demand in the
    aforesaid O.M dated 29.2.2016 hereby stand modified to 20% of the disputed demand Other
    guidelines contained in the a.M. dated 29.2.2016 shall remain unchanged.

    These modifications may be immediately brought to the notice of all officers working i~
    your juriscliction for proper compliance. ~~
    (A.K. ~iWJ1
    Director (rrcC)
    23092939
    All Pro Chief Commissioners! Pro Directors General of Income Tax! Chief Commissioners!
    Directors General of Income Tax
    Copy to:

    I. Chairman and all Members of CBDT.


    2. All Joint Secretaries and Commissioners in CBDT.
    3. Pro DGIT(Syslems), Pro DGIT(NADT) and Pro DGIT(Admn.).
    4. Additional Directors General (Recovery) and (PR, P&P).
    5. Web Managers of irsofficers online. gov.in and incometaxinclia.gov.in for placing on the
    respective portals.
    6. Office of Comptroller & Auditor General of India (30 copies).

    http://www.itatonline.org

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