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
- Prima facie satisfaction u/s 148 can not be a non-existing or incorrect information
- Mutual Funds to value physical Gold and Silver by using the polled spot prices
- SC allows simultaneous CIRP proceedings against principal debtor & corporate guarantor
- Merely because sales were declared for only one month, same cannot be treated as bogus
- ITAT deleted addition as method of accounting had been accepted in earlier years
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