Year: 2012

The issue of processing of returns for the Asst. Year 2011-12 and giving credit for TDS has been considered by the Board. In order to clear backlog of returns, the following decisions have been taken

The Ministry of Finance has vide letter dated 23.01.2012 invited applications for appointment to the post of “Income Tax Ombudsman”. The post of “Income Tax Ombudsman” carries a pay scale of Rs.75500-80000. Interested candidates are requested to forward their application by 23.02.2012 indicating their preferred location

Vide Order No. 1/FT & TR 2012 dated 31.01.2012, the Central Board of Direct Taxes has constituted 10 Dispute Resolution Panels to sit at various locations across the Country

Vide Order No. 223 of 2012 dated 25.01.2012 the Chief Commissioner of Income-tax (CCA) Kolkota has transferred several officers in the grade of Deputy/ Assistant Commissioners / Directors of Income-tax with immediate effect

Vide Order No. 222 of 2012 dated 25.01.2012 the Chief Commissioner of Income-tax (CCA) Kolkota has transferred several officers in the grade of Additional / Joint Commissioners / Directors of Income-tax with immediate effect

Change in Constitution of Bombay High Court’s Tax Bench w.e.f. 30.01.2012

Verification of high value transactions (investments/deposits/expenditure) of persons who are not assessed to income tax

Vide order dated 23.01.2012 passed in pursuance of the consultations of the collegium of the Income Tax Appellate Tribunal consisting of the President and two senior-most Vice Presidents, Shri D K Srivastava, Accountant Member, Income tax Appellate Tribunal, Chandigarh Benches, Chandigarh has been transferred in public interest, in the same capacity to the Income Tax Appellate Tribunal, Rajkot Bench, Rajkot with effect from the forenoon of 6th February 2012

Appointment of 13 Hon’ble Members to the Appellate Tribunal

Appointment of 5 Hon’ble Judges to the Bombay High Court