Month: August 2012

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”.

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

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

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

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

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 …

CPC To Conduct Workshop To Reconcile/ Rectify Arrear Demands Read More »

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

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

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

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