CBDT transfers 497 Joint / Additional Commissioners of Income Tax
CBDT has made transfers/posting of 497 Income Tax Officers in the grade of Joint / Additional Commissioners of Income Tax.
The breakup of transfers made are as under:
| 170 | Mandatory Transfer/Review Cases |
| 123 | Request Cases |
| 184 | Promotion cases |
| 20 | OSD cases |
| 497 |
- 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
- AO was directed to serve notice of hearing through physical mode upon assessee
- ICAI Intermediate & Foundation Examinations to be held thrice in a year from May/June 2024
