Vide Order No. 136 of 2014 dated 20.08.2014, the CBDT has ordered the transfer and posting of several officers in the grade of Additional/ Joint Commissioners of Income-tax with immediate effect and until further orders

Vide Order dated 20.08.2014, the CBDT has ordered the transfer and posting of several officers in the grade of Additional/ Joint Commissioners of Income-tax under the directorates of International Taxation & Transfer Pricing with immediate effect and until further orders

Vide Order No. 132 of 2014 dated 19.08.2014, the CBDT has ordered the transfer and posting of several officers in the grade of Deputy/ Assistant Commissioners of Income-tax with immediate effect and until further orders

In exercise of power conferred by section 119 of the Income-tax Act (‘the Act’), the Central Board of Direct Taxes (CBDT) hereby extends the due date for obtaining and furnishing of the report of audit under section 44AB of the Act for Assessment Year 2014-15 in case of assessees who are not required to furnish report under section 92E of the Act from 30th day of September, 2014 to 30th November, 2014

Vide Order No. 130 of 2014 dated 14.08.2014 the CBDT has transferred and posted several officers in the grade of Additional/ Joint Commissioner of Income Tax with immediate effect

Vide Order No.2/FT&TR/2014 dated 13.08.2014, the CBDT has changed the constitution of the DRP at Mumbai and Pune

Vide Order No. 127 dated 14.08.2014 the CBDT has stated that the president has appointed several officers of India Revenue Service (Income Tax) to the grade of Joint Commissioner of Income Tax purely on Ad-hoc basis in the PR-3 Rs. 15,600-39,100 with GP Rs.7,600/- with effect from assumption of charge for a period not exceeding one year

The Finance (No. 2) Act 2014, as assented by the Hon’ble President on 6th August, 2014 and as published in the Official Gazette, is available for download

Shri. K. V. Chowdary, the newly appointed Chairman of the CBDT, has addressed a letter dated 01.08.2014 to the income-tax department in which he has pointed out that one of the immediate challenging task is reaching the ‘not so easy‘ target for Revenue collection without undue harassment and high handedness. He has emphasized that the department has to improve its image and become a “friendly, professional, non adversarial and competent organization focused on Revenue collection, tax payers services and ensuring strict compliance with direct tax laws”