CBDT makes 272 transfer/postings in the grade of Assistant / Deputy Commissioner of Income Tax.
CBDT has made 215 transfer/postings in the grade of Assistant / Deputy Commissioner of Income Tax.
In addition, 41 transfer/postings of review cases has also been made.
Further 16 transfer/postings have been done of officers who were promoted to the grade of ACIT pursuant to CBDT’s earlier order but had not been transferred out of the region from which they were promoted as ACIT. Â
- ITAT allows exemption of Rs. 25 lakhs u/s 10(10A) to non-government employees
- PCIT has revisionary jurisdiction u/s 263 over the cases passed by the NFAC or the JAO
- Appellate court interfering with MACT finding must undertake reappreciation of evidence
- When delay is not huge & involves huge monetary liability, lenient approach to be taken
- EoGM of company can not ratify diversion of fund raised by preferential issue – SC
