CBDT designates ACIT (e-Verification) having headquarter at Delhi, to act as prescribed Income-tax Authority u/s 143(2) of Income Tax Act read with Rule 12E
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
New Delhi, the 13th September, 2019
(INCOME-TAX)
S.O. 3279(E).—In pursuance of the powers conferred by sub-section (1) and (2) of section 120 and sub-section (2) of Section 143 of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as said Act), read with rule 12E of the Income-tax Rules, 1962, the Central Board of Direct Taxes hereby authorises that the Assistant Commissioner of Income-tax (e-Verification), having headquarter at Delhi, to act as prescribed Income-tax Authority for the purpose of sub-section (2) of section 143 of the said Act, in respect of returns furnished under section 139 or in response to a notice under sub-section (1) of section 142 of the said Act during the financial year commencing on 1st day of April, 2018 for the purposes of issuance of notice under sub-section (2) of section 143 of the said Act.
2. This notification shall come into force from the date of its publication in the Official Gazette.
[F. No.187/2/2019-ITA-I]
PRAJNA PARAMITA, Director
Penalty levied for late supply of goods is an allowable deduction u/s 37 as late supply neither a crime nor…
Deduction u/s 80P(2)(d) towards interest received from cooperative banks is allowable to a cooperative society. In a recent judgment, Hon'ble…
Supreme Court to decide difference between employees & employer contribution to PF, ESI for allowability under Section 43B of the…
There is no legislative mandate to collect tax at source under section 206C (1C) from the person involved in illegal…
In the absence of objection by donors to receipts mentioning that donations were towards corpus, it is assumed that donations…
Credit in assessee’s capital account consequent to book entry adjustments in the books of the partnership firm can not be…