Year: 2015

Vide order dated 24th June 2015 passed by the Hon’ble President pursuant to the consultations with the Collegium of Income Tax Appellate Tribunal, Hon’ble Shri Pramod Kumar, Accountant Member, ITAT, Agra Benche, is transferred to ITAT, Ahmedabad Benches, in the same capacity, in public interest, with immediate effect

Vide orders dated 22nd June 2015 passed by the Hon’ble President pursuant to the consultations with the Collegium of Income Tax Appellate Tribunal, the following transfers have been taken

The CBDT has issued an Instruction dated 19th June 2015 directing that all Commissioner of Income Tax (Appeals) should issue appellate orders within 15 days of the last hearing. It is stated that this directive shall also be applicable to orders passed by the CIT (Administration)/ CCIT as regards matters within their purview under varied Sections of Income Tax Act such as Sections 80G, 264, 263 or Orders under Rule 86 of Second Schedule and under other allied direct taxes. The CBDT has directed all officers to ensure strict compliance of the directive and has warned that any lapse on this account shall be viewed adversely

The CBDT has vide Order No. 89 of 2015 dated 19th June 2015 ordered the transfer and posting of several officers in the grade of Additional and Joint Commissioners of Income Tax in the Directorates/ International Taxation & Transfer Pricing and CBOT with immediate effect and until further orders

It may be recalled that the Hon’ble President of the ITAT had passed orders dated 14th May 2015 and 20th May 2015 with regard to the filing of appeals and the seeking of adjournments. The Order with regard to the seeking of adjournments required the adjournment applications to be filed at least three weeks in advance and to be accompanied with an affidavit.

The CBDT has vide Order No. 85 of 2015 dated 15th June 2015 ordered the transfer and posting of several officers in the grade of Assistant and Deputy Commissioners of Income Tax with immediate effect and until further orders. The CBDT has vide Order No. 86 of 2015 dated 15th June 2015 ordered the transfer and posting of several officers in the grade of Commissioner of Income Tax with immediate effect and until further orders.

The CBDT has vide Order No. 83 of 2015 dated 15th June 2015 ordered the transfer and posting of several officers in the grade of Principal Commissioner of Income Tax with immediate effect and until further orders. The CBDT has vide Order No. 84 of 2015 dated 15th June 2015 ordered the transfer and posting of several officers in the grade of Additional/ Joint Commissioner of Income Tax with immediate effect and until further orders.

The CBDT has vide Order No. 82 of 2015 dated 12th June 2015 ordered the transfer and posting of several officers in the grade of Additional/ Joint Commissioner of Income Tax with immediate effect and until further orders.

The CBDT has issued Circular No. 10/2015 dated 10.02.2015 to provide important clarifications on several controversial issues relating to the Rollback Provisions of Advance Pricing Agreement Scheme which were introduced in 2012 through insertion of sections 92CC and 92CD in the Income-tax Act, 1961 by the Finance Act, 2012

The Central Board of Direct Taxes, in exercise of powers conferred under section 119 of the Income-tax Act, 1961, hereby extends the ‘due-date’ for filing Returns of Income, in terms of clause (c) of Explanation 2 to sub-section (1) of section 139 of the Income-tax Act, 1961, for Assessment Year 2015-16 from 31st July, 2015 to 31st August, 2015 in respect of income tax assessees concerned