Income-Tax (Dispute Resolution Panel)(First Amendment) Rules, 2012 - Amendment in Rule 3
NOTIFICATION NO. 33/2012 [F.NO.133/13/2012-SO(TPL)]/SO 1967(E)
DATED 24-8-2012
In exercise of the powers conferred by sub-section (14) of section 144C of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules to amend the Income-tax (Dispute Resolution Panel) Rules, 2009, namely :-
1. (1) These rules may be called the Income-tax (Dispute Resolution Panel) (First Amendment) Rules, 2012.
(2) They shall come into force from the date of its publication in the Official Gazette.
2. In the Income-tax (Dispute Resolution Panel) Rules, 2009, in rule (3),-
(a) in sub-rule (2) for the words "by name", the words "by designation" shall be substituted;
(b) for sub-rule (3), the following sub-rules, shall be inserted, namely: -
"(3) The Board shall assign one Commissioner of Income-tax as a Reserve Member to each panel, who, in addition to his regular duties as Commissioner, shall also carry on the functions of the panel, in place of any Member, as and when required by the Director General of Income-tax (International Taxation).
(3A) The Director General of Income-tax (International Taxation) may, after giving the eligible assessee an opportunity of being heard and after recording the reasons, transfer a case from one panel to another panel."
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Notification No : 33/2012Published in Income Tax