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
- When disallowance is made u/s 37(1) section 69C is not applicable – ITAT
- ITAT refuses to accept cash book as source of deposit as assessee was not subject to audit
- Mere preparation of income tax notice and send to dispatch not effective issuance
- Agreement validly terminated prior to CIRP not give any enforceable right to corporate debtor
- SC explains jurisdiction of courts under NI Act for dishonour of account payee or bearer cheques



