Order under section 28SBB of the Income-tax Act, 1961 read with Rule 114-1 of the Income-tax Rules. 1962

Order under section 28SBB of the Income-tax Act, 1961 read with Rule 114-1 of the Income-tax Rules. 1962

1. In exercise of powers conferred under section 285BB of the Income-tax Act, 1961 read with sub-rule (2) of Rule 114-1 ofthe Income-tax Rules, 1962, the Central Board of Direct Taxes (‘Board’), hereby authorizes the Director General of Income-tax (Systems) to upload information relating to following sources. which is in her/his possession, in the Annual Information Statement in Form 26AS in the electronic filing account registered by the assessee in designated portal, within three months from the end of the month in which the information is received by her/him:

i. Foreign remittance information reported in Form lSCC

ii. Information in Annexure II of the 24Q TDS Statement of the last quarter

iii. Information in ITR of other taxpayer

iv. Interest on Income Tax Refund

v. Information in Form 61/61A where PAN could be populated

vi. Off Market Transactions Reported by Depository/ Registrar and Transfer Agent (RTA)

vii. Information about dividend of mutual fund reported by Registrar and Transfer Agent (RTA)

viii. Information about purchase of mutual fund reported by Registrar and Transfer Agent (RTA)

The Director General of Income-Tax (Systems) shall specify the procedures, formats and standards for the purposes of uploading the information referred to in para above in Annual Information Statement in Form 26 AS.

 

Download Order-Order-us-285BB-ITAct-1961-MiscComm-26-10-21

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