Amended and updated notes on section 144A of Income Tax Act 1961 as amended by the Finance Act 2020 and Income-tax Rules, 1962. This application under section 256(2) of the Income-tax Act, 1961, has been filed by the Commissioner of Income-Tax, Jaipur, praying that the Income-tax Appellate Tribunal (hereinafter referred to as “the Tribunal”) should be directed to refer the following questions in the same form or in any modified form as this court deems proper and thereafter answer the reference: (i) enter and search any [building, place, vessel, vehicle or aircraft] where he has reason to suspect that such books of account, other documents, money, bullion, jewellery or other valuable article or thing are kept; (ii) break open the lock of any door, box, locker, safe, almirah or other receptacle for exercising the powers conferred by clause (i) where the keys thereof are not available; 62/2019 - Dated: 12-9-2019 - Central Government makes the directions giving effect to the E-assessment Scheme, 2019 The Chief Commissioner of Income Tax, or Director General of Income Tax is a senior rank in the Income Tax Department in India. Income-Tax Settlement Commission (Procedure) Rules, 1997 1997 G.S.R. This application under section 256(2) of the Income-tax Act, 1961, has been filed by the Commissioner of Income-Tax, Jaipur, praying that the Income-tax Appellate Tribunal (hereinafter referred to as “the Tribunal”) should be directed to refer the following questions in the same form or in any modified form as this court deems proper and thereafter answer the reference: Powers of Income Tax Authorities 1) Power relating to Discovery, Production of evidence, etc: The Assessing Officer, The Joint Commissioner, the Chief Commissioner or the Commissioner has the powers as are provided in a (a) Chief Commissioners are in charge of operations of the department within a region which is usually overlapping with the territory of a state. Rajiv Yashwant Bhale Vs. M/s Vijaya Bank Vs. Today, we learn the provisions of section 144A of Income-tax Act 1961. submitted to the Joint Commissioner of Income-tax, Nagercoil Range, Shivraj Building, Tower Junction, Nagercoil, Kanyakumari District, Tamil Nadu - 629 001 between … Joint Commissioner of Income Tax, Warangal on any working day during office hours. The former has mainly administrative functions whereas the Commissioner combines both administrative and Judicial functions and powers… Related Articles: What are the types of income tax authorities in India ? The Income Tax Authorities (income tax officer / assessing officer) shall have the same powers as are vested in a court of law under the code of civil procedure 1908 (5of 1908) when trying a suit in respect of following matters. This document is highly rated by B Com students and has been viewed 80212 Income tax withheld constitutes the full and final payment of the Income Tax due from the payee on the said income. ¤ 57-01-02. Ph. Jamnagar, having been authorized so, hereby make the following amendments in the order The central board of revenue is the appointing authority for commissioner of income tax. 7/2021-Customs (N.T./CAA/DRI), Dated: 18.01.2021, GST consequence for failure to serve notice period, Join Detailed Online Certification Courses on GST, Taxpayers! Joint Commissioner of Income tax (OSD) For the Pr. Chief Commissioner or Commissioner are administrative heads with a little difference. Section 135 of Income Tax Act 1961 amended by Finance Act. In this connection, reference is invited to Board’s instruction No. Section 120 and 124 of Income Tax Act 1961 deals with Jurisdiction of income-tax authorities Section 120. To make assessments and prescribe additional Detail discussion on provisions and rules related to power of Joint Commissioner to issue directions in certain cases. The central board of revenue is the appointing authority for commissioner of income tax. Chief Commissioner of Income tax, M.P. Commissioner of Income Tax, Bombay v. Gomedalli Lakshminarayan AIR 1935 Bom. In order to submit a comment to this post, please write this code along with your comment: 181852e3e51e11a2c2d29819f1fe818f. Commissioner of Income-tax (H.Qrs. Rajiv Yashwant Bhale Vs. After taking into account various suggestions, it was decided to devise a similar scheme with appropriate flexibility for country-wide implementation. These instructions may please be brought to the notice of all officers working in your Cadre Control region immediately for proper compliance. The officer has the power to call for information from any person either with regard to his own matters or in case of a third person, with whom the person has any dealings, which are covered under various sections of the Income Tax Section 245L of Income Tax Act: Proceedings before Settlement Commission to be judicial proceedings, Section 245K of Income Tax Act: Bar on subsequent application for settlement, Section 245J of Income Tax Act: Recovery of sums due under order of settlement, Section 245-I of Income Tax Act: Order of settlement to be conclusive, Section 144B of Income Tax Act: Faceless Assessment, Feedback on Question Paper of ICAI Exams JAN 2021, CS Executive Registration 2021 for CSEET Passed Students, CA Final Exam Schedule Jan/Feb 2021 for Opt-out Students, CSEET Result Jan 2021 declared on 18th January by ICSI, CA Inter Result Nov 2020 Date | ICAI IPCC Nov 2020 Result, Section 245HAA of Income Tax Act: Credit for tax paid in case of abatement of proceedings, Section 245HA of Income Tax Act: Abatement of proceeding before Settlement Commission, Section 245H of Income Tax Act: Power of Settlement Commission to grant immunity from prosecution and penalty, Section 245G of Income Tax Act: Inspection of Reports, Section 245F of Income Tax Act: Powers and procedure of Settlement Commission, Section 245E of Income Tax Act: Power of Settlement Commission to reopen completed proceedings, Section 245DD of Income Tax Act: Power of Settlement Commission to order provisional attachment to protect revenue. INSTRUCTION NO. Definitions of Income Tax Officials / Board Section 2(1)(C) Additional Commissioner – Income Tax: As per S.2(1C) of the Income Tax Act, 1961, unless the context otherwise requires, the term “Additional Commissioner” means a person appointed to be an Additional Commissioner of Income-tax under sub-section (1) of section 117. The regional commissioner of income tax is appointed by the CBR. 77/2014 - Dated: 10-12-2014 - Section 120(1) and (2) of the Income-Tax Act, 1961 - Jurisdiction of Income tax Authorities Supersession of Notification No. 2006 New York Code - General Powers Of Commissioner Of Finance. M/s Vijaya Bank Vs. Ph. This document is highly rated by B Com students and has been viewed 80212 (v) For the purpose of this instruction, a quality assessment would be one in which issues arising for consideration are clearly identified, investigation of basic facts in respect of these issues is carried out, adequate opportunity to rebut adverse evidence is given to the assessee, the rival evidence are suitably analyzed and evaluated in the light of correct interpretation of law, and these efforts result in substantial addition to the returned Income, The benchmark for the quantum of addition to the returned income, which may qualify for being a quality assessment, may be decided by the concerned CCIT depending upon the potential of the given Range/Charge. Maintained by V2Technosys.com, Taxguru Consultancy & Online Publication LLP, 509, Swapna Siddhi, Akurli Road, Near Railway Station, Kandivali (East), Section 144A of the Income-tax Act, 1961 – Power of Joint Commissioner to issue directions in certain cases – Scheme for improving quality of assessments, Section 38 Building, etc. Required fields are marked *, Notice: It seems you have Javascript disabled in your Browser. 2/2006 dated 27.04.2006 which required monitoring of scrutiny assessments by Range Heads under the powers available to them under section 144A of Income tax Act. 62/2019 - Dated: 12-9-2019 - Central Government makes the directions giving effect to the E-assessment Scheme, 2019 Jan 17, 2021 - Income Tax Authorities, Powers and Duties - Income Tax Laws B Com Notes | EduRev is made by best teachers of B Com. He also performs his function according the direction of the CBR. No.040-23425474, FAX- 23241427, 23240403. Power of Principal Director General or Chief Commissioner and Joint Commissioner. In this connection, reference is invited to Board’s instruction No. 77/2014 - Dated: 10-12-2014 - Section 120(1) and (2) of the Income-Tax Act, 1961 - Jurisdiction of Income tax Authorities Supersession of Notification No. © 2021 AUBSP - All Updates and Books for Students and Professionals. Here are some of the major powers of GST officers delegated by the commissioner or additional commissioner: Power to Enable Officers to Implement the Law GST officers have various powers within their hands to implement GST in India properly and to reduce tax evasion. Join our newsletter to stay updated on Taxation and Corporate Law. Office, Office of the Addl./Joint Commissioner of Income tax, Alappuzha Range, Alappuzha on any working day between 03.00 PM and 04.30 PM. Powers of the Commissioner (Appeals) [Section 251]: While disposing of an appeal the Commissioner (Appeals) is vested with the following powers viz., (i) In an appeal against an order of assessment, he may confirm, reduce, enhance or annul the assessment. (vii) The parameters for determining whether an assessment is a quality assessment should be decided by the concerned Chief Commissioner in the light of the above and should be widely circulated at the beginning of the calendar year i.e. Powers of Income-tax authorities. (i) enter and search any [building, place, vessel, vehicle or aircraft] where he has reason to suspect that such books of account, other documents, money, bullion, jewellery or other valuable article or thing are kept; (ii) break open the lock of any door, box, locker, safe, almirah or other receptacle for exercising the powers conferred by clause (i) where the keys thereof are not available; In a specific area which is assigned to him, he Office, Office of the Addl./Joint Commissioner of Income tax, Alappuzha Range, Alappuzha on any working day between 03.00 PM and 04.30 PM. The Office of the Joint Commissioner of Income-tax, ReAc, VU-1(3), Hyderabad intends to hire one big-size vehicle capable of carrying 7 or more persons such as Innova Cresta/Tata Nexa/Ertiga/Safari etc for operational purpose for F.Y.2020-21 at O/o Joint Commissioner of Authorized so, hereby make the following scheme for improving the quality of scrutiny system provisions and Rules related procedure. 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