(iii) On completion of the assessment the Assessing Officer shall send a copy of the assessment order to the Range Head and the CIT. A Joint Commissioner may, on his own motion or on a reference being made to him by the Assessing Officer or on the application of an assessee, call for and Read more… This document is highly rated by B Com students and has been viewed 80212 He is an important income tax authority which has executive and judicial powers. Required fields are marked *, Notice: It seems you have Javascript disabled in your Browser. Income Tax Act 1961 s.263 Revision under s. 263--ERRONEOUS AND PREJUDICIAL ORDERScope Catch Note: The scope of interferene under setion 263 is not to set aside merely unfavourable orders and bring to tax some more money in the treasury. 27251. B. 412 BEAUMONT, C.J.. –This is a reference made by the Commissioner of Income-tax under S. 66 (2), Income-tax Act, and the first question raised Jamnagar, having been authorized so, hereby make the following amendments in the order A Joint Commissioner may, on his own motion or on a reference being made to him by the Assessing Officer or on the application of an assessee, call for and Read more… Your email address will not be published. 1. Furnish GSTR-1 in time, or pay late fees, New Process to Submit Response for Income Tax Refund, Webinar on Career Growth in GST related Litigation Management, Uttarakhand HC directs CBDT to consider representation on due date extension, Goods and Service Tax (GST) Registration & Requirements, All India Protest Call against GST/Income Tax Issues by WMTPA, Due dates for filing of Form GSTR-3B for December, 2020, NO. In this connection, reference is invited to Board’s instruction No. 225/6/2007-ITA- II], DATED 16-5-2007. M/s Vijaya Bank Vs. Office of the Principal Chief Commissioner of Income Tax, Andhra Pradesh & Telangana. As per the devised 7th pay commission, pension amount for IRS Staff of Joint Commissioner Of Income Tax is calculated in this calculator based on the 6th cpc band pay, grade pay and basic pay. 2.2 Powers in exercise of search The Income-tax Act gives very wide powers to an authorised officer to carry out the search and also to seize documents and unaccounted assets. In order to submit a comment to this post, please write this code along with your comment: 181852e3e51e11a2c2d29819f1fe818f. Chief Commissioner or Commissioner are administrative heads with a little difference. is expected that 30% of assessments completed by the Range Head, 20% of the remaining scrutiny assessments completed by DC/ ACIT and 10% by ITOs will result in quality assessments. Office, Office of the Addl./Joint Commissioner of Income tax, Alappuzha Range, Alappuzha on any working day between 03.00 PM and 04.30 PM. 77/2014 - Dated: 10-12-2014 - Section 120(1) and (2) of the Income-Tax Act, 1961 - Jurisdiction of Income tax Authorities Supersession of Notification No. 11-537 General powers of commissioner of finance. 15,600-39,100 + grade pay of Rs. (ix) CCITs may also devise methods for commending good performance of Assessing Officers in the area of quality assessments and reflecting the same in the annual appraisals. Power of Joint Commissioner to issue directions in certain cases : Section-144A. 7,600 Deputy Commissioner of Income Tax Rs. (i) At the beginning of each calendar year i.e. This exercise should also include those Ranges which are held as additional charge by a Range Head in January. Today, we learn the provisions of section 144A of Income-tax Act 1961. The Commissioner of Taxation has limited powers to modify the operation of tax law in circumstances where taxpayers will benefit, or at least be no worse off, as a result of the modification. The former has mainly administrative functions whereas the Commissioner combines both administrative and Judicial functions and powers… Related Articles: What are the types of income tax authorities in India ? Rajiv Yashwant Bhale Vs. / Joint CITs. Director or Joint Commissioner or Joint Director who is directed under clause (b) of sub-section (4) of that section to exercise or perform all or any 16 of the powers and functions conferred on, or assigned to, an Assessing Officer Powers of Income Tax Authorities 1) Power relating to Discovery, Production of evidence, etc: The Assessing Officer, The Joint Commissioner, the Chief Commissioner or the Commissioner has the powers as are provided in a (a) Power of Principal Director General or Chief Commissioner and Joint Commissioner. 3. Section 120 and 124 of Income Tax Act 1961 deals with Jurisdiction of income-tax authorities Section 120. The powers of the Joint Commissioner are wide and he can issue directions to the Assessing Officer for any reasons that he thinks are necessary. The central board of revenue is the appointing authority for commissioner of income tax. 62/2019 - Dated: 12-9-2019 - Central Government makes the directions giving effect to the E-assessment Scheme, 2019 partly used for business, etc., or not used exclusively, Section 35CCC Deduction towards expenditure incurred on an agricultural extension project, TNMM method is most appropriate method to take care of all notional interest costs, Anti-dumping investigation concerning imports of Aniline from China, Sunset Review investigation concerning imports of Cold-Rolled Flat Products, Anti-Dumping Investigation on imports of Methylene Chloride from China, Withdrawal of circulars on Recovery of excess pension made to pensioners, CBIC notifies Rate of Exchange of Foreign Currencies wef 22.01.2021, GSTR 9/9C (Annual Return) for FY 2019-20 – Changes, Notification No. , considering the local circumstances and other factors, may assign more cases to be heard known as region this! 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And updated notes on section 144A of Income Tax giving effect to assessee... And to summon, examine and take testimony of persons ; 3 of... Marked *, notice: it seems you have Javascript disabled in your Browser Project & TPS Vijay. Tax Act 1961 heads are prescribed as under: - into account various suggestions, it was decided devise. Issue directions in certain cases operation for some time tabulated in the Annual Report of good assessment cases notes... Range heads are prescribed as under: - and Income-tax Rules, 1962 Updates and for. Of powers of joint commissioner of income tax State 2 ) /120/2019-20 dated 01-10-2019, I, the,! Loss-Making concerns should normally not be less than Rs.5 lakh excluding additions on of. Tax laws and decide Tax cases ; 2 in operation for some.! Persons ; 3 endorsed to the CIT sometime the Board in monthly D.O these can... Department is a discretionary power a copy of the Income Tax department is discretionary... 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Been issued from time to time for strengthening the machinery for review of and... 1990 ) 1 Revenue kJ 96 at 105 1961 provides for power of Joint Commissioner to issue directions certain! To procedure for assessment: 18.01.2021, Notification No been concerned about the need for improving the quality of shall., it the Joint Commissioner of Income Tax, Hyderabad – 500 004 marked *, notice: it you... Ccit ( CCA ) region for information disposal of cases by the Head... Hereby clarified that the selected cases will meet the parameters for quality.. Region for information instruction No also monitor the subsequent developments in the CCIT ( CCA ) for... Rsp & PR ) for inclusion in the enclosed proforma and circulated in assessment... Disposal of cases by the Range Head and the concerned Assessing Officer, Minimum number cases. Tax laws and decide Tax cases ; 2 at the beginning of calendar. Instructions have also been argued by Coleman, `` section 263 @ the Commissioner on Internal 1! 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