Reporting of disposal and pendency statistics in respect of F1 STRs in monthly D.O. letters to Member(Inv.) and prompt action in F1 STRs and - Income Tax - F. No. 290/17/2012-DIR(Inv. IV)/2404

F. No. 290/17/2012-DIR(Inv. IV)/2404 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Room no. 17, Ground floor, ARA Centre, E-2, Jhandewalan Extension, New Delhi-110055. Dated : 25th January, 2018 OFFICE MEMORANDUM Sub : Reporting of disposal and pendency statistics in respect of F1 STRs in monthly D.O. letters to Member(lnv.) and prompt action in F1 STRs and - reg Ref : CBDT s letter vide 290/58/2015-Dir(Inv.IV)/2726 dated 04.03.2016 and OM vide 290/27/2013- Dir(Inv.IV) dated 08.08.2017( copies enclosed) The undersigned is directed to invite kind attention to the D.O, letters sent to Member(Inv.) wherein statistical data in respect of P1 STRs is being sent to the Member(Inv.). In this regard, kind attention is drawn to CBDT s letter dated 04.03.2016, wherein, it was clarified that all previous references in SOP on STRs and other communications of CBDT reference to P1 STRs may be read as reference to F1 STRs as FIU-IND has rechristened previous Category A STRs as F1 STRs. However, despite the clarification dated 04.03.2016, D.O. letters contain statistical data in respect of P1 STRs. 2. It is reiterated that P1 is non-consequential from perspective of reporting to CBDT or for feedback to FIU-IND as F1 STRs are the most potential/significant STRs, categorised so by FIU IND and require feedback on priority to FIU-IND. Vide CBDT s OM dated 08.08.2017, it was requested that F1 STRs may be taken up first for investigation on priority and that CBDT is also disseminating F1 STRs on priority to registered users of FINnet on a daily basis. 3. In view of the above, it is requested again that F1 STRs may be looked into on priority and the monthly D.O. letters to Member(Inv.) may contain data pendency and disposal statistical details in respect of F1 STRs and not P1 STRs. The D.O. letters for the month of January, 2018, may therefore, contain the correct data in respect of F1 cases. 4. This issues with the approval of Member(Inv.). CBDT. (Kalpana Singh) Joint Commissioner of Income-tax(OSD) Inv. IV, CBDT