This notification from the Central Board of Direct Taxes authorises Principal Commissioners of Income-tax (Regional e-Assessment Centre) (Verification Unit) to exercise concurrent powers. They will act as the Prescribed Authority for specific territorial areas, cases, or persons, and will also oversee the exercise of powers by subordinate Additional and Joint Commissioners.
NOTIFICATION
New Delhi, the 13th August, 2020
(INCOME TAX)
S.O. 2758(E). In pursuance of the powers conferred by sub-sections (1) and (2) and (5) of section 120 and section 133C of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the said Act), read with rule 12 D of the Income-tax Rules, 1962, the Central Board of Direct Taxes hereby-
(a) authorises that the Principal Commissioners of Income-tax (Regional e-Assessment Centre) (Verification Unit) [(hereinafter refer
Daily Limit Reached
You have reached your daily limit of 2 Free Notice & Circular
Subscribe to
CCI PRO
for unlimited access
Why Upgrade to
CCI PRO?
-
No Ads
-
WhatsApp Community
-
Daily E-Newsletter
-
Unlimited Notice & Circular Access
-
Profile Visitors
-
Link Social Profiles
-
Featured Job Posts
-
Pro Badge
-
Expert GST Guidance
-
Unlimited Forum Replies
-
Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benefits
Already a PRO member?
Login here
for an ad-free experience.
FAQ :
The notification authorises Principal Commissioners of Income-tax (Regional e-Assessment Centre) (Verification Unit) to exercise specific powers and functions under the Income-tax Act, 1961.
Principal Commissioners of Income-tax (Regional e-Assessment Centre) (Verification Unit) are being authorised.
They are authorised to exercise concurrent powers, hold additional charge, and act as Prescribed Authority for specified areas, cases, or persons.
Yes, they are authorised to issue written orders for the exercise of powers by their subordinate Additional Commissioners or Joint Commissioners of Income-tax (ReAC) (VU).
It relates to sub-sections (1), (2), and (5) of section 120 and section 133C of the Income-tax Act, 1961, and rule 12D of the Income-tax Rules, 1962.
Guest
Notification No : 66/2020Published in Income Tax
Source : https://www.incometaxindia.gov.in/communications/notification/notification_66_2020.pdf