Section 118 of the Income-Tax Act, 1961 – Change in Control of DGIT (International Taxation)

Notification Issued On Dated 30-12-2011

In exercise of the powers conferred by section 118 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendment to the Notification of the Government of India, Ministry of Finance (Department of Revenue), vide number S.O. 279(E)), dated 12th March, 2003, namely :-

In the said notification, in the table,-

(a)  for serial number 5 and the entries relating thereto, the following serial number and entries shall be substituted, namely:-

  

Serial Number

Chief Commissioner/ Director General of Income-tax

Commissioner/ Director of Income-tax

Transfer Pricing Officer

  

(1)

(2)

(3)

(4)

  

“5.

Director General of Income-tax (International Taxation), Delhi

Director of Income-tax (Transfer Pricing), Bangalore

 (i) Joint Commissioner of Income-tax (Transfer Pricing Officer)-I, Bangalore

(ii) Joint Commissioner of Income-tax (Transfer Pricing Officer)-II, Bangalore

(iii) Joint Commissioner of Income-tax (Transfer Pricing Officer)-III, Bangalore

(iv) Deputy Commissioner or Assistant Commissioner of Income-tax (Transfer Pricing Officer)-IV, Bangalore

(v) Deputy Commissioner or Assistant Commissioner of Income-tax (Transfer Pricing Officer)-V, Bangalore

(vi) Deputy Commissioner or Assistant Commissioner of Income-tax (Transfer Pricing Officer)-VI, Bangalore”

(b)  after serial number 9 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

  

“10.

Director General of Income-tax (International Taxation), Delhi

Director of Income-tax (Transfer Pricing), Hyderabad

(i) Joint Commissioner of Income-tax (Transfer Pricing Officer)-I, Hyderabad

(ii) Deputy Commissioner or Assistant Commissioner of Income-tax (Transfer Pricing Officer)-II, Hyderabad.”

 

Reference: Section 118 of the income Tax Act, 1961

Control of income-tax authorities

The Board may, by notification in the Official Gazette, direct that any income-tax authority or authorities specified in the notification shall be subordinate to such other income-tax authority or authorities as may be specified in such notification.

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