Month: August 2012

CBDT Releases Transfer Pricing “Advance Pricing Agreement Scheme” (“APA”)

Vide Notification No. 36 of 2012 dated 30.08.2012, the CBDT has inserted Rules 10F to 10T to introduce the “Advance Pricing Agreement Scheme”.

Transfers of Hon’ble ITAT Members (August 2012)

Vide order passed in pursuance of the consultations of the collegiums of the Income Tax Appellate Tribunal, consisting of the President and two senior-most Vice Presidents, Dr O K Narayanan, Vice Preaident, ITAT, Chennai Zone, Chennai is transferred to ITAT, Kolkata Zone, Kolkata w.e.f. 10 Sep 2012 and Shri Hari Om Maratha, JM, ITAT, Jabalpur is transferred to ITAT, Jodhpur w.e.f. 03 Sep 2012

CBDT Sets Up Committee To Form “Departmental View on Contentious Legal Issues”

Vide Office Memorandum dated 28.08.2012, the CBDT has set up an elaborate “Institutional Mechanism for Forming Departmental View on Contentious Legal Issues”

CCIT Will Be Held Personally Responsible For Transfer Order Violation: CBDT

The CBDT has issued a letter dated 27.08.2012 stating that there has been non-compliance and violation of the CBDT’s order in respect of posting of officers on promotion to the grade to JCIT. The CBDT has taken a stern view and threatened that the concerned officer who issued the order and the CCIT (CCA) concerned would be held personally liable

CBDT Spells Out Responsibilities Of Chief & Members

Vide Order No. 170 of 2012 dated 27.08.2012 the CBDT has ordered the distribution of work amongst the Chairman and the Members of the CBDT

CPC To Conduct Workshop To Reconcile/ Rectify Arrear Demands

The CIT, CPC, has informed vide letter dated 21.08.2012 that an amount of Rs. 4800 crores has been collected in respect of disputed demands by way of adjustment of refunds and that there is a need to rectify/ reconcile the

Promotion Of Commissioners To Chief Commissioners Of Income-tax + Transfers

Vide Order No. 167 dated 22.08.2012, the CBDT has promoted several officers in the grade of Commissioners of income-tax to the grade of Chief Commissioners of Income-tax in the pay scale of Rs. 67,000 to Rs. 79,000 with effect from the date of assumption of charge of the post and until further orders

Appointment Of Chairperson of the Central Board of Direct Taxes (CBDT)

Vide Office Order No. 347/2012 dated 21.8.2012, the Ministry of Finance has intimated that the President of India has appointed Dr. Poonam Kishore Saxena, presently member, Central Board of Direct Taxes (“CBDT”), as Chairperson of the CBDT in the Department of Revenue, Minstry of Finance, in the pay scale of Rs. 80,000 (fixed) with the status of Special Secretary to the Government of India

Transfers & Postings Of Addl/ Joint/ Deputy & Asst. Commissioners of Income-tax

Vide Order No. 165 dated 17.08.2012, the CBDT has transferred and posted several officers in the grade of Additional/ Joint/ Deputy/ Assistant Commissioners of Income-tax with immediate effect

List Of Addl/ JCITs Selected For “Advanced Mid Career Training Programme” In USA

Vide letter dated 17.08.2012, the CBDT has released a list of officers of the rank of Additional/ Joint Commissioners of Income-tax who have been selected for an “Advanced Mid Career Training Programme” on “Corporate Taxation & Advocacy Skills” which is to be conducted at MDI Gurgaon and Duke University, USA


If you are a tax professional, you must sign up for our free newsletter. Why? Because we keep you informed about the latest developments in the world of tax. We focus only on the most important must-read judgements & articles that will impact your day-to-day professional work. You can see a chronological listing of all our postings on twitter & facebook

IMPORTANT: After signing up & clicking on the confirmation mail, send a test/ blank mail to Why? Because it is the easiest way to add our email address to your address/ contacts book and ensure that our Newsletter does not get sent to the Spam/ Junk folder