Income Tax Disseminates High-Risk and Non-PAN Transactions [Read Instructions]

The Directorate of Income Tax (Systems) has disseminated high-risk transaction and high-risk non-PAN transaction cases on the Verification module of the Insight portal. The tax department notifies this via issuing instructions.

The Instructions Read as Follows:

The Board approved Risk Management Strategy (Cycle-5) has been executed for the identification of potential cases for action u/s. 148/148A of the Income Tax Act, 1961.

In this regard, potential cases pertaining to AY 2019-20, 2020-21 and 2021-22 identified on the basis of risk assessment of verification reports uploaded in the STR module have been disseminated to field formations with the below-mentioned case types on the Verification module of the Insight portal.

Navigation path for accessing these cases is Insight Portal >> Verification Module >> Verification stage >> “Case type” (Under verification).

For the case type “High Risk Transaction”, users can initiate proceedings u/s 148/148A from the activity panel on the case detail screen to create a worklist pendency of cases u/s 148/148A on the Assessment module of ITBA. Subsequent proceedings/activities can be performed on the ITBA portal in the usual
manner.

Underlying information related to the case, mentioned in Paragraph 5 above, has been made visible in the Profile View of the Insight Portal. The navigation path for accessing the underlying information is Insight Portal >> Taxpayer Profile View >> Taxpayer Annual Summary (TAS) >> Information >> Uploads.

For the case type “High Risk Transaction (Non-PAN)”, the underlying information and documents related to these cases can be viewed by clicking on the hyperlink under ‘Non-PAN Entity ID’.

In this regard, appropriate action may be initiated in accordance with the relevant provisions u/s 148/148A of the Income-tax Act, 1961 and directions issued by the Board in this regard.

9. In case of technical difficulty, users may contact:

(i) Helpdesk number 1800-103-4216 ог

(ii) Write to [email protected]

For Official Instructions Download PDF Given Below: