Promotion Of Commissioners To Chief Commissioners Of Income-tax + Transfers
Vide Order No. 237 of 2013 dated 16.12.2013 the CBDT has promoted 32 officers in the grade of Commissioner/Director of Income-tax to the grade of Chief Commissioner of Income-tax (CCIT) in the Pay Scale of Rs. 67,000- 79,000/- with effect from the date of assumption of charge of the post and until further orders. In addition, the CBDT has ordered the following transfer / posting of several existing CCsIT/DGsIT with immediate effect.
CBDT Orders Regarding Change In Jurisdiction And Constitution Of DRP
Vide Order No. 7/FT&TR/2013 dated 14.11.2013 and Order No. 8/FT&TR/2013 dated 18.12.2013 the CBDT has set out the jurisdiction of the Dispute Resolution Panel (DRP) at Delhi and Mumbai and changed the constitution of the DRP at Hyderabad.
Regards,
Editor,
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Latest:ITO vs. Shailesh D. Shah/ Yusuf R Tanwar vs. ITO (ITAT Mumbai)
S. 41(1): Liability outstanding for long period of time is assessable as income (despite no write-back in A/cs) if assessee is unable to prove genuineness of liability
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