CBDT promotes 94 officers to the grade of Principal Commissioner of Income Tax (PrCIT)
CBDT has issued order no.68 of 2021 dated 19th March 2021 promoting 94 officers to to the grade of Principal Commissioner of Income Tax (PrCIT) level 15 in the pay matrix Rs. 182200-224100 on in-situ basis with immediate effect.
Out of 94 promotions, 2 relates to Panel Year 2018 and 92 are related to Panel Year 2019
- Full year depreciation on vehicle can not be denied based on registration date
- No remission/cessation of liability if trading liability is declared in books of account
- Approval u/s 80G for new cases to be effective from year in which application is made
- Penalty u/s 271B deleted as assessee was unaware of Tax Audit Provision
- Provisional empanelment status of CA firms/LLPs with CAG for 2023-24
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