1.          MS. MADHUSHREE GUPTA {Delhi HC} [Relating to section 271(1)(c)]

Section 271(1)(c) of the Act requires only a manifestation and/or delineation of the Assessing Officer‘s prima facie satisfaction that the assessee has infracted the provisions of clause (c) of Section 271(1) of the Act.

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2.   UNIQUE TRANSACTION NUMBER [Announcement by Ministry of Finance] 

The Government has decided to make it compulsory to quote Unique Transaction Number (UTN) in the Income-tax return forms to be filed by all the assessees to whom such number has been allocated by the Income-tax Department. Since the UTN has not been communicated to the taxpayers, therefore, the requirement of quoting UTN in Income-tax return form for assessment year 2009-10 has been kept in abeyance.

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3.  IT RETURN PROCESSING CENTRES [Announcement by Ministry of Finance]

The Government proposes to set up a Centralised Processing Centre (CPC) during 2009-10 only at Bengaluru, for processing of all Income-tax returns received in the State of Karnataka and for processing of all e-returns received in the country.

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