The Ministry of Finance has issued a notification dated 1st June 2017 titled the “Tribunal, Appellate Tribunal and other Authorities (Qualifications, Experience and other Conditions of Service of Members) Rules, 2017” by which various conditions relating to the appointment of Tribunal Members (including the ITAT) have been specified

The CBDT has issued the following transfer orders:

(i) Vide order No. 87 of 2017 dated 31.05.2017, several officers in the grade of Assistant and Deputy Commissioners of Income-tax have been transferred with immediate effect and until further orders;

(ii) Vide order No. 88 of 2017 dated 31.05.2017, several officers in the grade of Principal Chief Commissioners/ Principal Directors/ Chief Commissioners/ Director Generals of Income-tax have been transferred with immediate effect and until further orders;

(iii) Vide order No. 89 of 2017 dated 31.05.2017, several officers in the grade of Additional and Joint Commissioners of Income-tax have been transferred with immediate effect and until further orders;

The CBDT has issued Notification dated 30th May 2017 with regard to the obligation of the recipients/ payees to furnish to the payer a self-declaration in Form No.15G/15H under section 197A of the Income-tax Act, 1961 read with Rule 29C

The CBDT has issued Circular No. 18/2017 dated 29.05.2017 in which it has dealt with the important issue regarding the requirement of Tax Deduction at Source in case of entities whose income is exempted from section 10 of the Income Tax Act, 1961

The CBDT has issued a press release dated 26th May 2017 by which it has provided important clarification on furnishing Statement of Financial Transaction (SFT) & SFT Preliminary Response u/s section 285BA of the Income-tax Act, 1961 read with Rule 114E of the Income-tax Rules, 1962. The due date for filing such SFT in Form 61A is 31st May 2017

The CBDT has issued Order No. 86 of 2017 dated 26.05.2017 by which it has promoted several officers in the grade of Chief Commissioner Of Income-tax to the post of Principal Chief Commissioner Of Income-tax in the pay scale of Rs. 80,000 with immediate effect and until further orders

The CBDT has issued an Office Memorandum dated 25th May 2017 by which it has constituted a committee of high-ranking officials to study the nature and extent of arrears of direct taxes and to suggest measures for expeditious recovery of the outstanding dues. The terms of reference of the Committee are clearly spelt out. The Committee is required to submit its report by 15th July 2017

The CBDT has issued Order No. 80 of 2017 dated 18.05.2017 by which it has directed the postings and transfers of several officers in the grade of Assistant And Deputy Commissioners Of Income-tax with immediate effect and until further orders