CBDT Directs AOs To Pass S. 154 Rectification Orders In Writing

The CBDT has issued Instruction No. 02/2016 dated 15.02.2016 in which it has directed Assessing Officers to pass rectification orders in writing and serve a copy on the assesseee and not just make an entry on the AST system.
Click here to download CBDT’s Instruction No. 02/2016 dated 15.02.2016

The assessing officers mind is like a child’s brain.If the mother directs a certain thing needs to done in a specific manne the child thinks ways and means how not to do.
The appeal orders were passed in 1997 and even till date the modification orders are not passed.if passed the resultant order results in substantial refund .If the refund is issued the budget takes a hit.So the officers are reluctant to pass the modification order.they delay the action and try to pass pn the responsibility to the next officer..This is exactly what is happening.Innth Nizam group of cases this is exactly what is happening for the past 20 years.The delay has resulted is Grant of huge interest and the officers don’t want to be held responsible.Will the Revenue Secretary look into the matter .Should not all the officers responsible for this be taken to task.The department is to cough up interest of over 50 crores.