Designated Authority notified under the Direct Tax Vivad Se Vishwas Act 2020

Designated Authority notified under the Direct Tax Vivad Se Vishwas Act 2020

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
PRINCIPAL CHIEF COMMISSIONER OF INCOME TAX
(INTERNATIONAL TAXATION), NEW DELHI.

Dated : 18^th March, 2020

Notification

Subject: – Notification of ‘designated authority under ‘the Direct Tax Vivad Se Vishwas Act, 2020‘ -reg.

In exercise of the powers under sub-section (1) and (2) of section 120 of the Income-tax Act, 1961 conferred upon me by the Government of India, Central Board of Direct Taxes, New Delhi vide notification no. 51/2014 in F.No. 187/35/2014-ITA-1 dated 22nd October, 2014 to be published in the Gazette of India, Extraordinary in Part-ll Section 3, sub-section (ii) No. S.O. 2753(E), I, the Principal Chief Commissioner of Income-tax (International Taxation), New Delhi, hereby notify that the following jurisdictional Commissioners of Income-tax as specified in column (2), having their headquarters at the place specified in the corresponding entries in column (4) shall be the ‘designated authorities’ under the Direct Tax Vivad Se Vishwas Act, 2020 (3 of 2020) (the Act) as defined in clause (e) of section 2 of the said Act, which provides to the ‘declarant’ a mechanism to resolve disputes under the Income-tax Act, 1961 in respect of the ‘declarant’ over whom their jurisdiction is exercised.

SCHEDULE

2. This order comes into force with effect from 18.03.2020.

Pr. Chief Commissioner of Income-tax
(International Taxation), New Delhi

F. No. Pr.CCIT(Intl. Tax)/Delhi/VSV/Designated Authority/2019-20/4707 Dated: 18th March, 2020

Copy to :

1. The Principal Chief Commissioner of Income Tax, Delhi.
2. The Principal Director General of Income Tax (L&R), New Delhi.
3. The Chief Commissioner of Income Tax (International Taxation), West Zone, Mumbai.
4. The Chief Commissioner of Income Tax (International Taxation), South Zone, Bengaluru.
5. All Commissioners of Income Tax (IT) and Commissioners of Income Tax (IT&TP) of International Taxation Region.
6. The Commissioner of Income Tax (DR/Admn.), ITAT, New Delhi.
7. The Commissioners of Income Tax (DRP)-1&2, Delhi, Commissioners of Income Tax (DRP)- 1 & 2 Mumbai and CIT (DRP), Bengaluru.
8. All Commissioners of Income Tax (Appeals) under International Taxation Region.
9. The Under Secretary (ITA-1), CBDT, for information.
10. The Web Manager “incometaxindia.gov.in” with a request to upload on the website.

Addl. Commissioner of Income Tax (Hqrs.)
International Taxation, New Delhi.

• Demand set aside as assessee for period covered had discharged tax liability under SVLDRS
• No addition u/s 68 when there is no fresh receipt of unsecured loans during the year
• Taxes on sales comprising in turnover to be excluded for estimating net profit
• Capital contribution deposited in assessee’s bank not partnership firm – Addition 69A upheld
• Bail granted to a CA accused in a GST evasion of more than 40 crores