CBDT makes 643 transfers / posting in the grade of Commissioner of Income Tax (CIT)
Due to the implementation of the Faceless Assessment Scheme, the posts of Commissioner of Income Tax (Appeals) have been diverted to the newly created National Appellate Faceless Centre (NAFC) Delhi and four Regional Faceless Appellate Centres (RFACs).
Consequently, CBDT has made 177 transfers / posting in the grade of Commissioner of Income Tax (CIT).
Also in 116 cases additional charge arrangement have been ordered for newly created posts of CIT (Appeal Units).
Further, transfer / postings and local changes have been made in 286 cases and additional charge arrangements have been made in 64 cases in the grade of Commissioner of Income tax (CIT) other than Appeal units.
Download CBDT Order No. 220/2020 Click Here >>
- Jewellery purportedly received from grandparent under Will added as unexplained credits
- SC lays down tests to determine if a debt is financial debt or operational under IBC
- Commonality of directors of companies does not mean deposits received was bogus
- Application though named as rectification but if tax is not legitimate, it also touches merit: HC
- Cost of acquisition as on 01.04.1981 taken as per valuer report by reverse indexing of FMV
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