Notification No. 66/2020 [F. No. 187/3/2020-ITA-I] / SO 2758(E)

Last updated: 15 August 2020

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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 I

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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.