Home India Ministry of Finance In pursuance of sub clause ii of clause a of sub section 1 o...
Date: 2018-02-20 Category: Extra Ordinary State: Union Government Country: India

In pursuance of sub clause ii of clause a of sub section 1 of Section 138 of the Income tax

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

Executive Summary: This document contains a notification and an order from the Ministry of Finance, Department of Revenue, and the Central Board of Direct Taxes (CBDT). The notification specifies the Chief Executive Officer of Government e Marketplace (GeM) for the purpose of Section 138 of the Income-tax Act, 1961. The order designates the Principal Director General of Income-tax Systems as the authority for furnishing information to GeM. Both documents are dated February 12, 2018. Key Points / Main Content: * **Notification (S.O. 748(E))** * Specifies the Chief Executive Officer, Government e Marketplace (GeM) for purposes of Section 138(1)(a)(ii) of the Income-tax Act, 1961. * **Order (S.O. 749(E))** * Designates the Principal Director General of Income-tax Systems (Pr. DGITSystems) as the specified authority for furnishing information to GeM. * Information to be furnished regarding entities seeking registration with GeM as sellers: * PAN data of the seller. * Latest available three years Balance Sheet of the sellers. * Key Directors details related to the sellers. * Any further information considered necessary for verification of antecedents of the sellers to be decided on basis of mutual consultation between Pr. DGITSystems and GeM * Information provided by the Income-tax Department can be in the form of online verification by the GeM portal, for which Pr. DGITSystems will provide system enablement. * Information shared with GeM under Section 138 of the Act shall be used only for internal purposes and not shared with other institutions or agencies. * Pr. DGITSystems would enter into a Memorandum of Understanding (MoU) with GeM, including: * Mode of data transfer. * Maintenance of confidentiality. * Mechanism for safe preservation of data. * Data weeding process after usage. * Frequency and timeline for furnishing information (decided in consultation). * A copy of the MoU shall be forwarded to the division for record purposes. Impact Analysis: * **Chief Executive Officer, Government e Marketplace (GeM):** * *Impact:* Specified as an authorized recipient of information under Section 138 of the Income-tax Act, 1961, enabling access to necessary data for verifying entities seeking registration as sellers. * *Action Required:* Establish procedures for receiving, securely storing, and utilizing the provided information solely for internal purposes; consult with Pr. DGITSystems to determine data requirements and establish a Memorandum of Understanding (MoU). * **Principal Director General of Income-tax Systems (Pr. DGITSystems):** * *Impact:* Designated as the authority responsible for furnishing information to GeM, requiring the establishment of systems for data provision and verification. * *Action Required:* Establish systems for furnishing information to GeM, including PAN data, balance sheets, and key director details; consult with GeM to determine data requirements, establish a Memorandum of Understanding (MoU), and provide necessary system enablement for online verification. * **Sellers seeking registration with GeM:** * *Impact:* Subject to providing PAN data, balance sheets, and key director details for verification purposes. * *Action Required:* Ensure accurate and timely submission of required information to facilitate the registration process with GeM.

Key Entities Referenced

Income-tax Act, 1961: A law regarding income tax in India, mentioned in the context of Section 138. Central Board of Direct Taxes: A government organization under the Department of Revenue, Ministry of Finance. Government e Marketplace GeM: An online platform for government procurement, referred to as GeM. Principal Director General of Incometax Systems: Designated authority for furnishing information to GeM. New Delhi: The city where the notification and order were issued. Ministry of Finance: The government ministry under which the Department of Revenue and Central Board of Direct Taxes operate. Department of Revenue: A department within the Ministry of Finance. Rohit Garg: Director, ITA.II, CBDT (Central Board of Direct Taxes)
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jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx II—[k.M 3—mi&[k.M (ii) PART II—Section 3—Sub-section (ii) izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 661] ubZ fnYyh] eaxyokj] iQjojh 20] 2018@iQkYxqu 1] 1939 No. 661] NEW DELHI, TUESDAY, FEBRUARY 20, 2018/PHALGUNA 1, 1939 ििििवववव(cid:3)(cid:3)(cid:3)(cid:3)तत तत ममममं(cid:8)ं(cid:8)ं(cid:8)ं(cid:8)ााााललललयययय ((((ररररााााजजजज(cid:14)(cid:14)(cid:14)(cid:14)वव वव ििििववववभभभभाााागगगग)))) ((((कककक(cid:17)(cid:17)(cid:17)(cid:17)(cid:18)(cid:18)(cid:18)(cid:18)ीीीीयययय (cid:20)(cid:20)(cid:20)(cid:20)(cid:3)(cid:3)(cid:3)(cid:3)यययय(cid:21)(cid:21)(cid:21)(cid:21) ककककरररर बबबबोोोोडडडड))(cid:25)(cid:25)))(cid:25)(cid:25) अअअअििििधधधधससससचचूूचचूू ननननाााा नई (cid:4)द(cid:6)ली,12 फरवरी, 2018 ककककाााा....आआआआ.... 777744448888((((अअअअ))))....————क(cid:2)(cid:3) सरकार, आयकर अिधिनयम, 1961 क(cid:4) धारा 138 के उपखंड (1) के खंड (क) के उपखंड (ii) के अनुपालन म(cid:2), उ(cid:7) खंड के (cid:8)योजन(cid:13) के िलए मु(cid:15)य कायक(cid:17) ारी अिधकारी, गव(cid:17)(cid:22)म(cid:2)ट ई-माक(cid:24)ट-(cid:25)लेस (जीईएम) को, एत(cid:29)ारा िविन(cid:31)द! करती है। इस अिधसूचना को, (cid:8)धान महािनदेशक आयकर ((cid:8)णाली) को, पदनािमत (cid:8)ािधकारी के $प म(cid:2) अिधसिूचत करने वाले, क(cid:2)(cid:3)ीय (cid:8)&य’ कर बोड(cid:17) *ारा आयकर अिधिनयम, 1961 क(cid:4) धारा 138 (1) (क) के अंतग(cid:17)त जारी .दनाकं 12.08.2018 के समसं(cid:15)यक आदेश िजसे अिधसिूचत .कए जा रहे (cid:8)ािधकारी को सूचना (cid:8)0तुत .कए जाने के िलए जारी .कया गया था, के साथ पढ़ा जाए। [अिधसूचना सं. 6/2018 /फा.सं.225/61/2018-आईटीए-II] रोिहत गग,(cid:17) िनदेशक-(आईटीए-II), सीबीडीटी MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 12th February, 2018 S.O. 748(E).—In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of Section 138 of the Income-tax Act, 1961, the Central Government, hereby specifies Chief Executive Officer, Government e Marketplace (GeM) for purposes of the said clause. This Notification has to be read with order under section 138(1)(a) of Income-tax Act, 1961 dated 12.02.2018 in file of even number, issued by the Central Board of Direct Taxes, notifying Principal Director General of Income-tax (Systems) as the ‘designated authority’ for furnishing information to the authority being notified. [Notification No. 6/2018 /F. No. 225/61/2018-ITA-II] ROHIT GARG, Director-(ITA.II), CBDT 992 GI/20182 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] आआआआददददशशेेशशेे नई (cid:4)द(cid:6)ली,12 फरवरी, 2018 ककककाााा....आआआआ.... 777744449999((((अअअअ))))....————आयकर अिधिनयम, 1961 (अिधिनयम) क(cid:11) धारा 138(1) (क) के तहत (cid:12)द(cid:13) शि(cid:16)य(cid:18) का (cid:12)योग करते (cid:21)ए, क(cid:23)(cid:24)ीय (cid:12)(cid:25)य(cid:26) कर बोड(cid:29) यह िनदेश दते ा है (cid:4)क (cid:12)धान कर महािनदशे क ((cid:12)णाली), नई (cid:4)द(cid:6)ली (cid:12)धान डीजीआईटी ((cid:12)णाली), अिधसूचना सं. 6/2018 (cid:4)दनांक 12/2/2018 के तहत अिधिनयम क(cid:11) धारा 138 क(cid:11) उपधारा (1) के खंड के उपखंड के तहत अिधसूिचत मु$य काय(cid:29)कारी अिधकारी, सरकार, ई माक&ट (लेस (महा(cid:12)बंधक) को सूचना (cid:12)दान करने के िलए िविन-द. (cid:12)ािधकारी होग(cid:23)। 2. िव0ेता के 2प म(cid:23), महा(cid:12)बंधक के साथ पंजीकरण मांगने वाली कंपिनय(cid:18) को िन4िलिखत सूचना (cid:12)6तुत करनी होगी: i. िव0ेता के संबंध म(cid:23) पैन आंकड़(cid:23); ii. िव0ेता9 क(cid:11) नवीन तीन वष; क(cid:11) उपल=ध बैल(cid:23)स शीट; iii. िव0ेता9 से संबंिधत मु$य िनदेशक(cid:18) का िववरण; iv. िव0ेता9 के ((cid:12)धान डीजीआईटी ?व6था तथा महा(cid:12)बंधक के आपसी परामश(cid:29) के आधार पर िनणAत) पूव(cid:29)ज(cid:18) के स(cid:25)यापन के िलए आवDयक समझी जाने वाली कोई अFय जानकारी। दो (cid:12)ािधकरण के बीच आपसी परामश(cid:29) के आधार पर आयकर िवभाग Gारा उपरो(cid:16) (cid:4)कसी भी मानदHड पर (cid:12)6तुत क(cid:11) गई सूचना, महा(cid:12)बंधक पोटल(cid:29) Gारा ऑनलाइन स(cid:25)यापन के 2प म(cid:23) भी उपल=ध हो सकती ह ैिजसके िलए (cid:12)धान डीजीआईटी ((cid:12)णाली) Gारा आवDयक स(cid:26)म ?व6था (cid:12)दान क(cid:11) जाएगी। तथािप, आयकर िवभाग Gारा महा(cid:12)बंधक के साथ अिधिनयम क(cid:11) धारा 138 के तहत साझा क(cid:11) गई सूचना का (cid:12)योग केवल इसके आंतIरक उJेDय(cid:18) के िलए ही (cid:4)कया जा सकता ह ै तथा अFय सं6था9/एज(cid:23)िसय(cid:18) के साथ पाIरत/साझा नहK (cid:4)कया जाएगा। 3. सूचना को (cid:12)6तुत करने क(cid:11) (cid:12)(cid:4)0या को सरल बनाने के िलए (cid:12)धान डीजीआईटी ((cid:12)णाली) महा(cid:12)बंधक के साथ एक समझौता Lापन म(cid:23) सिMमिलत ह(cid:18)गे िजसम(cid:23) अFय बात(cid:18) के साथ आंकड़(cid:18) के ह6तांतरण का तरीका, गोपनीयता का रख-रखाव, आंकड़(cid:18) का सुरि(cid:26)त पIरर(cid:26)ण, (cid:12)योग के पNात् इसको िनकाल दने ा, सिMमिलत ह(cid:18)गे। सूचना (cid:12)6तुत करने के िलए समय सीमा तथा आवृि(cid:13) का िनधा(cid:29)रण (cid:12)धान डीजीआईटी ((cid:12)णाली) Gारा महा(cid:12)बंधक के परामश(cid:29) से िनधा(cid:29)Iरत होगा तथा इसम(cid:23) उपरो(cid:16) समझौता Lापन सिMमिलत होगा। [अिधसूचना सं. 6/2018 /फा. सं. 225/61/2018-आईटीए-II] रोिहत गग,(cid:17) िनदेशक-(आईटीए-II), सीबीडीटी ORDER New Delhi, the 12th February, 2018 S.O. 749(E).—In exercise of powers conferred under section 138(1)(a) of Income-tax Act, 1961 (‘Act’), the Central Board of Direct taxes hereby directs that Principal Director General of Income-tax (Systems), New-Delhi (Pr. DGIT(Systems)) shall be the specified authority for furnishing the information to the Chief Executive Officer, Government e Marketplace (GeM) as notified vide Notification No. 6/2018, dated 12/2/2018, under sub-clause (ii) of clause (a) of sub-section (1) of section 138 of the Act. 2. Following information regarding entities seeking registration with GeM as sellers shall be furnished: i. Pan data in respect of seller; ii. Latest available three years’ Balance Sheet of the sellers; iii. Key Director’s details related to the sellers; and iv. Any further information considered necessary for verification of antecedents of the sellers (to be decided on basis of mutual consultation between Pr. DGIT(Systems) & GeM) On the basis of mutual consultations between the two authorities, the information being provided by income-tax department on any of the above parameters can also be in form of online verification by GeM portal for which necessary system enablement would be provided by Pr. DGIT(Systems). However, information being shared under section 138 of the Act by the Income-tax Department with GeM shall be used only for its internal purposes & not shared/passed on to other institution/agency.¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 3 3. To facilitate the process of furnishing information, Pr. DGIT(Systems) would enter into a Memorandum of Understanding (MoU) with GeM which inter-alia, would include the mode of transfer of data, maintenance of confidentiality, mechanism for safe preservation of data, weeding it out after usage etc. The frequency and time line for furnishing information shall be decided by Pr. DGIT(Systems) in consultation with GeM and included in the said MoU. 4. A copy of the MoU shall be forwarded to this division for record purposes. [Notification No. 6/2018 /F. No. 225/61/2018-ITA-II] ROHIT GARG, Director-(ITA.II), CBDT Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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