Request for Exchange of Information from field offices of time barring assessment cases - Income Tax - F. NO. 500/56/2014-FT &TR-IV/354

F. NO. 500/56/2014-FT TR-IV/354 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Foreign Tax Tax Research Division FT TR-IV Division 7 th Floor, Hudco Vishala Bldg. Bhikaji Cama Place, New Delhi Dated: 8 th February, 2016 To, 1. All the Principal Chief Commissioner of Income Tax 2. All the Director General of Income Tax (Inv.) Sir/Madam Sub: Request for Exchange of Information from field offices of time barring assessment cases-reg. The undersigned is directed to state that large number of requests for Exchange of Information (EOI) in time barring assessments/matters are received in FT TR Division just before the time barring date. It becomes difficult to process and forward such requests after due scrutiny to the Foreign Competent Authority in time. Further, in many cases the EOI requests are not properly drafted/prepared and modification of these requests by the field officers is required. 2. You are therefore requested to direct officers/ CsIT concerned to send all requests for exchange of information getting time barred on 31.03.2016 to FT TR Division latest by 29 th of February, 2016. In this manner, deficiencies, if any, can be removed and modified/correct EOI proforma can be sent to the Foreign Competent Authority in time 3. You are requested to bring this to the notice of all CsIT/officers. 4. This issues with the approval of Chairman, CBDT. Yours faithfully (Dr. O.N. Supriya Rao) Under Secretary (FT TR-IV(2))