We are proud to announce that the appointees to the post of Finance Minister, Shri. Arun Jaitley, and the post of Law Minister, Shri. Ravi Shankar Prasad, are eminent senior advocates who are extremely well versed with income-tax law and…
S. 264 of the Income-tax Act permits the assessee to make an application to the CIT for revision of orders passed by the AO. The CBDT has issued Instruction No. 11/2014 dated 16.05.2014 stating that there shall be administrative supervision of such revision orders passed by the CIT u/s 264. Guidelines have been laid down which have to be complied with by the CIT
The CBDT has vide Order No. 71 of 2014 dated 19.05.2014 ordered the posting of eleven officers in the grade of Commissioner/ Director of Income-tax with immediate effect and until further orders
The CBDT has vide Order No. 69 of 2014 dated 16.05.2014 ordered the postings of 47 officers of the grade of Commissioner/ Director of Income-tax. Vide another Order No. 70 of 2014 dated 16.05.2014 the CBDT has ordered the posting of 148 officers promoted to the grade of Joint Commissioners/ Joint Directors of Income-tax
The CBDT has announced the setting up of a “National Judicial Reference System” (NJRS). The NJRS comprises of two components, the “Appeals repository and Management System” and the “Judicial Research and Reference System”.