CBDT revises jurisdiction of DIT Intelligence & Criminal Investigation Lucknow & Kanpur

CBDT amends jurisdiction of DIT(Intelligence & Criminal Investigation) Lucknow & Kanpur

MINSTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)

Notification No. 5/2024 

New Delhi, the 6th June, 2024

S.O. 2209(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes, hereby makes the following amendments in the notification of the Government of India, Ministry of Finance published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii), vide number S.O. 3125 (E), dated the 10th December, 2014, namely:-

In the said notification, in Schedule-II,-

(i) against Sl. No. 9, in column (4), the words, letters and brackets “in the State of Uttar Pradesh which
will be coterminous with the jurisdiction of Principal Chief Commissioner of Income-tax, UP (East)” shall be omitted;

(ii) against Sl. No. 10, in column (4), for the existing entries, the following entries shall be substituted,
namely: –

This notification shall come into force with effect from the 06th day of June, 2024.

[F. No. 187/6/2024 (ITA-I)]

VIKAS SINGH, Director (ITA-I)

Note : The principal notification was published in the Gazette of India, Extraordinary, Part-II. Section 3, sub-section (ii), vide notification S.O. 3125 (E), dated the 10th December, 2014.

• No addition u/s 68 when there is no fresh receipt of unsecured loans during the year
• Taxes on sales comprising in turnover to be excluded for estimating net profit
• Capital contribution deposited in assessee’s bank not partnership firm – Addition 69A upheld
• Bail granted to a CA accused in a GST evasion of more than 40 crores
• Every provision invoked casts a different onus, quoting wrong section prejudice the assessee