Arrears of Tax - Non recovery of sur tax

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..... of arrears of sur-tax from companies who have a high rate of profitability is also likely to draw adverse comment from the Public Accounts Committee. 2. With a view to tackle the problem of increasing arrears, the Board has decided that the following measures should be taken immediately: (i) All pending rectification, revision and adjustment must be attended to on a priority basis. Undisputed .....

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..... and exceeds Rs.50,000. These statements may be obtained from the Income-tax Officers by the Commissioner of Income-tax on 15th July, 15th October, 15th January and 15th April. Commissioners will please have them scrutinised and issue instructions to the Income-tax Officers wherever found necessary. (v) A consolidated report in (Annexure 'C') of cases of demand over Rs.50,000 may be submitted to .....

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