Notification of 'designated authority' under 'the Direct Tax Vivad se Vishwas Act, 2O2O' -reg.

Last updated: 20 March 2020

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This notification designates specific jurisdictional Commissioners of Income-tax as 'designated authorities' under the Direct Tax Vivad se Vishwas Act, 2020. This Act provides a mechanism for taxpayers to resolve disputes related to the Income-tax Act, 1961. The designated authorities will exercise jurisdiction over declarants for dispute resolution.

GOVERNMENT OF INDIA MINISTRY OF

FINANCE DEPARTMENT OF REVENUE

PRINCIPAL CHIEF COMMISSIONER OF INCOME TAX

(INTERNATIONAL TAXATION}' NEW DELHI

Dated : 18th March, 2020

Notlflcatlon

SubJect: - Notlflcatlon of'destgnated authorlty' under 'the DLect Tax Vlvad se Vlshwas Act' 2O2O' -reg.

ln 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. 54/20i4lF.No. 187 /3512014- ITA-I dated 22.10.2014 to be published in the Gazette of India, Extraordinary in Part-ll section 3, sub-section (ii) No. s.o. 2756(E), I, the principal Chief Commissioner of Income-tax (lnternational Taxation), New De1hi, hereby notify that the following jurisdictional commissioners of Income-tax as specified in column (2), having their headquarteis at the place specified in the corresponding entries in column (4) shall be the ,deslgnated authorltles' under the Direct Tax vivad se Vishwas Act, 2o2O 13 ot 2O2Ol (the Act) as defrned 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.

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FAQ :

This notification designates specific jurisdictional Commissioners of Income-tax as 'designated authorities' under the Direct Tax Vivad se Vishwas Act, 2020, to help resolve tax disputes.

It is an Act that provides a mechanism for taxpayers to resolve disputes under the Income-tax Act, 1961.

Jurisdictional Commissioners of Income-tax, with their headquarters specified in the notification, have been notified as the designated authorities.

The notification is issued in exercise of the powers under sub-section (1) and (2) of section 120 of the Income-tax Act, 1961.

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Notification No : F.No. Pr.CCIT(Intl.Tax)/Delhi/VSV/Designated Authotity 2019-20/4707
Published in Income Tax
Source : https://www.incometaxindia.gov.in/communications/notification/notification4707.pdf

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