Dear All,
The Central Board of Direct Taxes (CBDT) on 28th March, 2018 clarified that all the returns for AY 2017-18 and onwards have to be processed under section 143(1) of the Income-tax Act, 1961 (Act) irrespective of the fact whether the cases are under scrutiny or AO contemplating withholding of refund under section 241A of the Act on concern of recovery.
The returns pushed to the AO for processing by the CPC are required to be processed electronically on the Income-tax Business Application Software (IBAS) which is launched by the CBDT and functioning since 31st October, 2017. However, in exceptional circumstances where returns cannot be processed electronically due to technical difficulties, the AO can process the return manually with the prior approval of Pr. CIT.
Also directs that before taking up manual processing, technical difficulties in such cases should be referred to Pr. DGIT (Systems) who shall satisfy himself about the inability of processing returns manually due to technical difficulty within reasonable time and then permit manual processing.
To avoid any arbitrariness, the returns of AY 2017-18 and onwards which are pushed by the CPC to the AO for processing, as far as possible, shall be handled in a chronological manner.
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