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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
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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.
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Source : https://www.incometaxindia.gov.in/communications/notification/notification_66_2020.pdf