CBDT order-Promotion, additional charge and jurisdiction in the grade of PrCCIT and JCIT
CBDT has issued three separate orders for promotion, additional charge and jurisdiction in the grade of Principal Chief Commissioner of Income Tax, Pr. CCIT / CCsIT and Joint Commissioners of Income Tax.
(a) Order u/s 120(1) of the Income-tax Act, 1961
112 number of JCITs to perform the functions of DCIT/DDIT
(b) Office order 18 of 2020
Additional charges of CCIT/PrCCIT/DGIT given to six Officers
(c) Office Order 19 of 2020
Five Officers promoted to the grade of Princiap Chief Commissioner of Income Tax
Assessing Officer had taken a reasonable stand that 25 kg written in WhatsApp chat/text message was 25 lakh - ITAT…
Shareholders are only owners of the shares of the company therefore, income from properties earned by the company cannot be…
When approval for reassessment was granted by unauthorised authority, such jurisdictional error cannot be shielded by the law of limitation…
ITAT on presumption of bogus purchases ought to have remanded case to AO to reconsider the whole matter instead of…
Where proceedings u/s 153C are barred by limitation, AO can not reopen the case invoking section 148 and 148A of…
Corporate guarantees executed by the corporate debtor constitute “financial debt” under IBC and banks to be recognized as financial creditors…