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Case lawCBDT Circulars & Instructions › CBDT letter of 29 May 2026 on invoking ss.68 to 69D with s.115BBE
CBDT Circulars & InstructionsHelps taxpayers.68s.69As.69Bs.69Cs.69Ds.115BBEs.133(6)

CBDT letter of 29 May 2026 on invoking ss.68 to 69D with s.115BBE

Is there anything from the Board telling the officer he has to establish the section before he makes a deeming addition?

Is there anything from the Board telling the officer he has to establish the section before he makes a deeming addition?

Yes. Following a C&AG compliance audit that found officers were invoking the wrong section and applying the wrong rate, the Board directed field offices that the Assessing Officer "has to satisfy himself as to the true nature and source of the amounts for which such sections are invoked", that the necessary enquiry — including under s.133(6) — may be carried out, and that "Based upon inquiry and facts of the case, relevant provisions of the Act may be invoked." The same letter maps each provision to its Income-tax Act 2025 counterpart.

Decided by the CBDT Circulars & Instructions (Central Board of Direct Taxes, Department of Revenue, Ministry of Finance — signed by Dr. Indu Bala, Deputy Secretary (ITA-II), issued with the approval of Member (IT), CBDT, addressed to all Principal Chief Commissioners and Director Generals of Income Tax) on 2026-05-29, reported as F.No. 225/26/2026-ITA.II, May 2026. It bears on section 68, section 69A, section 69B, section 69C, section 69D, section 115BBE, section 133(6) of the Income Tax Act 1961, in Cash Credits & Unexplained Money, Assessment & Scrutiny and Evidence & Burden of Proof matters.

Still good law. The letter was read on the Board's own site and no later communication withdrawing or modifying it was found. Because it is an internal direction rather than a s.119 circular, no notification of its withdrawal would be expected to appear; treat its currency as verified only to the extent that the document is still served on the department's site. Where this was checked.

Why it matters

The usual answer to a wrong-section objection is that the label does not matter. This letter is the department's own statement that it does: the Board tells its officers to reach the section through enquiry into nature and source rather than to pick one and let the appellate authorities sort it out. It is a departmental instruction and not a decision, so it does not decide what happens when the officer gets it wrong — but it puts the requirement on the record in the department's words, and a reply that quotes it is quoting the Board to its own officer.

Binding on the department, not on the assessee or the courts. An assessee may rely on a circular that is beneficial to them.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

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Related

Other authorities on the same sections.