The Central Board of Direct Taxes (CBDT) issued the Frequently Asked Question (FAQs) in respect of action required to be taken in cases where income escaping assessment pertains to Assessment Years 2013-14 to 2017-18.
“Clarifications/queries have been received from various field formations with respect to instruction issued vide F.No. 414/132/2018-IT (Inv. I) (part I) dated 05.03.2021. In view of the above, a FAQ (Frequently Asked Questions) has been prepared for necessary guidance of the field formations,” CBDT in the Circular said.
The Board has clarified that in cases where income escaping assessment pertains to Assessment Year 201314 to 2017-18, and where enquiries/ investigations have been completed by March 5, 2021, the information and verification results thereof are to be uploaded on the ‘Verification Report Upload (VRU)’ functionality.
In cases where the actionable information is of bulk nature (eg. beneficiaries in cases of entry operators, penny stock transactions, etc.) the ‘Case Related Information Upload (CRIU)’ functionality is to be used for uploading the information.
“Information or Verification result, which has not been disseminated previously or has been disseminated after 01.04.2019, may be uploaded using the VRU/CRIU functionality. In respect of information disseminated before 01.04.2019, it. is expected that the concerned Assessing Officer must have already taken the necessary action,” the circular said.
The Board has notified that in respect of cases pending before the investigation wing, where nature and value of information is available, VRU functionality may be used with Verification Result Type as “Verification Pending”. In such cases, information details, as well as the underlying document, needs to be uploaded.
In the case of STRs and OCM data where information is already available with Systems, the information details of pending cases need not be uploaded again.
In all 153A and 153C cases, where the information is to be handled by respective central charges, no separate upload is required on VRU/CRIU. The information in respect of such cases may be shared with Central Charges, as per the procedure being followed presently.
Cases where information has been handed over to Central Charges but the information is required to be further disseminated to Jurisdictional charges or cases where the action is to be taken by JAOs, VRU functionality may be used by Central charges where the actionable year and quantum of verification result (undisclosed income, etc.) can be reasonably ascertained. CRIU utility may be used where bulk data (e.g., Beneficiaries of entry operators, penny stock transactions, etc.) is involved.
In cases where investigation is completed partially, VRU functionality may be used where the actionable year and quantum of verification result (undisclosed income etc.) can be reasonably estimated.
In cases where no investigation has been conducted yet and where nature and value of information is available, VRU functionality may be used with Verification Result Type as “Verification Pending”. In such cases, information details, as well as the underlying document, needs to be uploaded. CRIU utility may be used where bulk data is involved.
The Board has clarified that there is no requirement to upload the information if the said information is actionable by the Central Circle. However, if the information is not actionable by the Central Circle or is meant for further dissemination, VRU functionality may be used by the Central Charges for uploading the information. In case such information has not been disseminated by the Investigation Wing to Central Charges for further dissemination, then such information may be uploaded on VRU by the Investigation Wing.
In cases where information has been uploaded on the CRIU/VRU functionality, all the relevant evidence/documents should be uploaded on the relevant functionality itself.
If escaped income is more than Rs. 50 lakhs and is supported by underlying assets, then the investigation can be continued, as the same will not be getting barred by limitation of time.
The current limit of Individual document size is 4MB and the limit of the package(zipped) is 20MB is being increased to 6MB and 30MB, respectively.
In case the size of a single document exceeds the limit size, the document may be uploaded in two or more parts. In such cases the description of the document may be mentioned to help the user in getting the complete picture and linking the documents.
In case the package size is greater than 30 MB, please contact the helpdesk.
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