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 | Â |
Â
- Refusing to condone delay can result in a meritorious matter thrown out at threshold
- Prior period income cannot be considered as income of the current year
- SC condoned delay of 972 days in filing appeal due to restructuring in Department
- No addition on mere valuation report when stamp duty valuation is available
- ITAT deleted penalty for making a wrong claim of deduction u/s 54F/54B
