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(1) Income-tax authorities shall exercise all or any of the powers and perform all or any of the functions conferred on, or, as the case may be, assigned to such authorities by or under this Act in accordance with such directions as the Board may issue for the exercise of The government of India imposed the Income Tax Act in the year 1961. While issuing such direction the Board will keep in mind any of the following criteria such as: territorial area, persons or classes of person, incomes or classes of incomes and cases or classes of cases. u/s 132(1). e. Power to treat a person as an agent under section 163. By continuing to use this website you are giving consent to cookies being used. To carry out the different provisions of the Act the board makes for whole of India (section 295). This section also gives unrestricted powers to income-tax authorities (except for Assessing Officer and Assistant Director or Deputy Director) to impound or retain the books of account or other documents produced before it in any proceeding under this Act. Income tax authorities and powers.bose 1. He has the power to cancel the registration of a firm which is not a genuine firm Section 186(1). 1. The board can declare any association whether incorporated or not and whether Indian, or Non Indian as company under the provision of Section 2(17) 2. 3. I write articles related to Tax laws and common issues in handling taxation in India. TDS on Payment to Contractor u/s 194C after the amendments by Finance Act 2020, Few reasons to move to cashless transaction under Income-tax Act, 1961, This is why you should always quote your PAN rightly for TDS deductions, Mandatory Linking of Aadhaar and Exemptions from Income Tax Department, How to calculate WDV Rates for Depreciation, TDS on Insurance Commission [Section 194D], Value Added Statements – A way to Show Value added by organisation apart from Financials, Know how to calculate Treasury Bills, Bonds, etc. Power regarding discovery, production of evidence, etc. They are appointed by chief commissioner or commissioner of Income Tax and are subordinate to Assessing officers. These powers can be exercised even if there are no pending proceeding with him or with any income tax authority. This section also requires those with electronic documents or books of account to assist authorities to access it. 2. An order under this clause shall not be enforced for a period exceeding 60 days from the date of order. Powers and functions of central board of direct taxes. As discussed above, Income Tax Act has given a lot of powers to Income-tax Authorities. The functions of taxation illustrate its social purpose of the value-based distribution and redistribution of income. Such Authorities not below the rank of Assistant Commissioner of income-tax, as may be notified by the Board have powers to inquire or investigate in respect of any person or class of persons relating to an agreement for the exchange of information under section 90 and 90A. Notes & Handouts / By Information PK Post navigation ← Previous Post. What taxes you shall pay for the FY 2019-20 under Income-tax Regime? 5. 2. - Computation and assessment of income tax chargeable. He is also responsible for the efficiency of work in all respect in his zone. The Income tax authorities are divided into sub departments which are audit, enforcement and collection, Legal, Tax payer's facilitation and Information processing. To interfere with the direction of the Deputy Commissioner of Income tax in the exercise of his appellate functions. Authorities have the power to call for information with virtually any entity or persons in India under section 133. Some important points other than those discussed above are –, Important Notes – Government has proposed to increase the power of Income Tax Authorities. Application of seized or requisitioned assets, Power to call for information by prescribed income-tax authority, Power of Principal Director General or Director General or Principal Director or Director, Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner and Joint Commissioner, Proceedings before income-tax authorities to be judicial proceedings, Enforcing the attendance of any person, including any officer of a banking company and examining him on oath, Compelling the production of books of account and documents, and. Online Tuition via Zoom. An example of a non-discretionary function is furnished by sec. In case such notification is issued by the board, the lower authority in rank shall exercise such powers as are directed to it by higher authority. The Late Late Show with James Corden Recommended for … But, for things like bullion, jewelry or another valuable article that are kept as stock-in-trade, they are not supposed to seize them. Next Post → Stay Home ~ Stay Learnt. (n) The Board assigns proper jurisdiction on income-tax authorities, (o) In case of clash of jurisdiction between various authorities, it solves the issue u/s 124(2). Power or function exercised 502 4[(8A) The power to confer jurisdiction under this section shall include the power to transfer jurisdiction from one income tax authority to another.] These authorities may be empowered by the board to appoint income tax authorities below the rank of an assistant commissioner. These powers are mainly in nature of search and seizures. TYPES OF SURVEY . 4. The board has power to determine the jurisdiction of various authorities mentioned in this act. However, AO or Assistant Director or Deputy Director don’t enjoy such unrestricted power. Pitch Perfect Riff-Off with Anna Kendrick & The Filharmonics - Duration: 9:35. The Central Board of Direct Taxes is the supreme body in the direct tax set-up. THE CBDT OR CENTRAL BOARD OF DIRECT TAXES. Where authorized person who seized such articles or books of accounts doesn’t have jurisdiction over it, he shall transfer their possession to the authorized authority under whose jurisdiction it lies within 60 days from the date of which the last of the authorizations for the search was executed. He has the power to issue instruction to assessing officer to revise an order issued by ITO if he has received an application from assessee regarding a pending case. This allows it to look into previous transactions, and make corrections. The board has the power to make rules and issue orders, instructions, directions etc, to all the persons employed for proper and efficient administration of the act but the board cannot issue orders, directions etc of the following manner: To require any income tax authority to make a particular assessment or to dispose of a particular case in a particular manner. The board may empower director general or chief commissioner or commissioner to authorise deputy commissioner or deputy director to exercise the powers of assessing authority in respect of any specified area, person, incomes or cases or class of persons, class of income or class of cases. The provision stated that the income tax officer could rectify any mistake apparent from the record. Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT). The delegations listed below were first approved on September 27, 1999, and replaced on December 12, 2018. Chief Commissioner or Commissioner are administrative heads with a little difference. The board may issue directions for the exercise of powers and performance of the functions by all or any of these authorities. 7) Supervision of Technical work: This RCIT is responsible to supervise the technical work performed in the region. They are conferred powers vested in a Civil Court under the Code of Civil Procedure, 1908 while dealing with the following matters –. This search and seizure can be authorized by authorities including Joint Commissioner or Joint Director and those above their ranking as may be empowered by the Board. Power of making regular assessment under section 143 and. (section 120), 5. Ask your question. If one transaction was taxed at 10% in the year 2010, and the tax rate changes to 13% in 2012, then the Income Tax Authorities can demand that the previous transaction should also be taxed at the rate of 13% by giving themselves the power of ‘Retrospective Taxation’. Where a person makes application to AO within 30 days from the end of the month in which the asset was seized, for release the same and explains the nature as well as a source of acquisition of seized assets to his satisfaction, AO shall within 120 days return the same. FUNCTION AND POWERS OF COMMISSIONER OF INCOME TAX :- The commissioner exercises the power to control the staff of income tax department working in his jurisdiction. (section 120(1) and (3), 4. Description: Department of Revenue functions under the overall direction and control of the Secretary (Revenue). He may be authorised by the board or chief commissioner to exercise the powers of assessing officer. (Section 142 (2A)). (Section 118) 3. Income Tax Notes – Income Tax Authorities (Powers and Functions of FBR “Federal Board of Revenue” Long Question with Answer) for B.com, ADP, BS, BBA. He can do only after giving the assessee an opportunity of being heard and after recording the reasons for doing so. A. The commissioner has the power to revise any other issued by ITO and not covered under section 263 either of his own motion or on application by the assessee for such revision (Section 264). 1. Online Tuition via Zoom. —(1) The Income-tax Officer, Appellate Assistant Commissioner, Commissioner and Appellate Tribunal shall, for the purposes of this Act, have the same powers as are vested in a Court under the Code of Civil Procedure, 1908 (V of 1908), when trying a suit in respect of the following matters, namely:—. Income Tax Survey - Rights/Duties during Survey: INTRODUCTION Surveys are used to verify statements and claims made by existing tax payers and to detect new tax payers, for a proper assessment of the tax liability of a taxpayer. … It is obligatory for professionals to maintain such books and documents as may enable the Assessing officer to compute his total income. However, serving of such order shall not be deemed to be seizure of such valuable article or thing. Next Post → Stay Home ~ Stay Learnt. Although these powers are exercised by a Court, the authorities act in a quasi-judicial capacity and ought to conform to the principles of judicial procedure. The CBDT has been empowered by taxation laws (amendment) Act 1975 to make rules regarding the maintenance of accounts and documents required under section 44AA. 1. Privacy Policy Agreement * I agree to the Terms & Conditions and Privacy Policy. A commissioner has the power to transfer any case from one or more Assessing Officer subordinate to him to any other Assessing Officer or officers also subordinate to him. There are five main functions of taxation: fiscal, redistributory, regulating, controlling, and promoting. The authority concerned acts in Strict Obedience to the law which imposes on it a simple and definite duty in respect of which it has no choice. Provisions regarding Advance Payment of Tax under Income Tax act 1961. It exercises control in respect of matters relating to all the Direct and Indirect Union Taxes through two statutory Boards namely, the Central Board of Direct Taxes (CBDT) and the Central Board of Excise and Customs (CBEC). He is empowered to accord sanction to levy additional income tax on companies in which public are not substantially interested. Its powers are given below: 1. This section has placed high powers with Income-Tax Authorities. Today, we learn the provisions of section 133A of Income-tax Act 1961. He is also responsible for the efficiency of work in all respect in his zone. Delegation of Ministerial powers, duties, and functions; Income Tax Act – Authorization to exercise powers or perform duties of the Minister of National Revenue Last updated on June 15, 2020 . Authorities have the power to call for information with virtually any entity or persons in India under section 133. Where there is any other reason due to which authorities don’t seize it but serve the order to take previous approval, and the reason for not seizure is other than mentioned above, restraint order shall still be valid. Following are the important functions and powers of commissioner of income tax. (Section 120 (5)), 6. I write and share them to save precious time of others. Most of the Acts allow for the delegation of the Minister's powers to designated officials. Income-Tax Authorities ANDPowers of the authorities Shankar Bose Inspector of Income-tax MSTU, Puri 2. in Money Market Operations. These officials are authorized to exercise powers or perform duties and functions of the Minister of National Revenue through administrative delegation instruments signed either by the Minister or by the Commissioner. Discuss the power and functions of income tax authorities Get the answers you need, now! These above sections of Income Tax Act empower Income tax authorities will several powers. The board has power to determine the jurisdiction of various authorities mentioned in this act. (p) It authorizes particular income-tax authorities to conduct a search etc. The commissioner has been empowered to grant approval for an order issued by the Assessing Officer asking a non-company assessee to get its accounts audited from a Chartered Accountant. Your email address will not be published. Chapter XIII (Sections 116 to 138) of the Income Tax Act 1961 deals with the provisions related to Income-tax Authorities.Section 133Aof IT Act 1961-2020 provides for Power of survey. Notes & Handouts / By Information PK Post navigation ← Previous Post. Required fields are marked *. The Board consists of a Chairman and six members. Join now. 22 [Jurisdiction of income-tax authorities.. 22a 120. 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 ? They may be directed to perform any other function by general or specific order. However, on recording the reasons, Commissioner or Director and above them can allow for no longer than 30 days from the day after the assessment proceedings for the relevant year are over. Powers of Income-tax authorities. Power regarding self assessment as mentioned in section 140A, b. Income Tax Authorities are also granted power to survey and order persons to submit certain information. Specific Survey [section 1 33A(1 )]: This is the survey of the business premises of a tax payer. (Section 107). 3. company or company owned/ controlled by CG/SG/CG and SG [139(6)]:-... Levy and collection of tax under GST Section 9(1) of CGST Act, 2017 provides that there shall be levied of tax called Central Goods an... 1. The prior approval of the commissioner is required fir reopening of an assessment beyond the time limit of 4 years. 4. The director general or chief commissioner may be empowered to authorise a deputy commissioner to exercise the powers of an assessing officer in respect of a person, case, income or an area. This is possible even if there are pending cases with such authority or any other Income-tax Authorities. 8. Section 120 - JURISDICTION OF INCOME 1) Income-tax authorities shall exercise all or any of the powers and perform all or any of the functions conferred on or, as the case may be, assigned to such authorities by or under this Act in with such directions as the Board may issue for the exercise of the powers and performance of the functions by all or any of those authorities. I love blogging and studying taxation. Please enter your username or email address to reset your password. Income Tax Authorities and their Powers The Government of India has constituted a number of authorities to execute the Income Tax Act and to control the Income Tax Department efficiently. The Income Tax authorities are required to exercise their powers and perform their functions so as to prevent harassment of assesses, tax-evasion, unnecessary discrimination in collection of tax. Often, common but small mistakes make things complicated. The RCIT with the approval of the CBR may delegate all or any of its powers and functions to any sub-ordinate income tax authority in respect of any person, classes of persons or areas. The officer has the power to call for information from any person either with regard to his own matters or in case of a third person, with whom the person has any dealings, which are covered under various sections of the Income Tax Act. This section provides income-tax authorities with wide powers related to conducting searches and seizures. B.—Jurisdiction. Consolidate under the … The board may authorise any of the authorities to exercise its power concurrently with any pother authority. sethuprane3596 sethuprane3596 04.12.2018 Economy Secondary School +13 pts. Following are the powers and functions of all of these income tax authorities: - Selection and audit of income tax cases. 1. Powers to requisition books of account, etc. They are subject to two restrictions – (i) he must record his reasons for impounding books of account or other documents; and (ii) if he desires to retain in his custody any such books or documents for a period exceeding 15 days (excluding holidays), he must obtain the prior approval of the Principal Chief Commissioner or Chief Commissioner or Principal Director General or Director General or Commissioner or Principal Commissioner or Principal Director or Director, as the case may be, for the purpose. Visit our. They assist Assessing Officers in performance of their duties. Log in. Appointment of FIRST AUDITOR in case of every company except govt. DIRECTOR GENERAL/CHIEF COMMISSIONER OF INCOME TAX. 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 court under the code of Civil Procedure, 1908, when trying to suit for the following matters: (a) discovery and inspection; Your email address will not be published. Any contravention of the orders issued under this section would be punishable with imprisonment and fine under section 275A. Jurisdiction of Income tax Authorities powers and functions of the Assessing Officer concurrently to facilitate the conduct of e assessment proceedings In short, provisions of Criminal Procedure Code relating to searches and seizure would as far as possible be applicable to searches and seizures under this Act. They are given the power to seize them, place marks of identification on them or make a note or inventory thereof for the purpose. 2. It has to preform several statutory functions under the various acts and it is responsible for the formulation and implementation of different policies relating to direct taxes administration. (Section 120 (4)), 7. The Income Tax Department is the biggest revenue mobilizer for the Government. The Income Tax Department (also referred to as IT Department or ITD) is a government agency undertaking direct tax collection of the Government of India.It functions under the Department of Revenue of the Ministry of Finance. Income Tax Authority and its Powers under Income Tax Act Background. The board can declare any association whether incorporated or not and whether Indian, or Non Indian as company under the provision of Section 2(17), 2. JURISDICTION OF INCOME TAX AUTHORITIES SECTION 120 • 1) Income-tax authorities shall exercise all or any of the powers and perform all or any of the functions conferred on, or, as the case may be, assigned to such authorities by or under this Act in accordance with such directions as the Board may issue for the exercise of the powers and performance of the functions by all or any of those … THE POWER AND FUNCTIONS OF INCOME TAX AUTHORITIES: CBDT: 1. Below are the headings of these sections. Appointment of Income Tax Authorities in India. The CBDT may be general or special order and subject to such conditions, restrictions or limitations, authorise any Director or Chief Commissioner to perform such function of any other income tax authorities as may be assigned to him in such order. These authorities may, after giving the assessee a reasonable opportunity of being heard in the matter, and after recording his reasons, transfer the case from one assessing officer subordinate to him. However, those above Joint Director or Joint Commissioner may authorize authorities subordinate to it down to Income Tax officers and in between his rank. The director general or director or any other officer so authorised, may exercise the powers of Assessing officer, in case he has reason to suspect that any income has been concealed or is likely to be concealed by an assessee coming within his jurisdiction. Following are the important functions and powers of commissioner of income tax. The person from whose custody such books of account or documents are seized can make copies of the same. Further, such assessee shall be entitled to simple interest of 0.5% per month or part of the month on the amount that exceeds the liabilities. Books of Accounts or such seized documents must be returned within 30 days after the completion of assessment order is passed under section 153A or 158BC. Difference between Investigation and Auditing, Levy and collection of tax under GST Act 2017. Each of the functions fulfilled by the taxation instrument is a manifestation of an internal feature, an indicator or trait or this economic category. Allowances under section 17(3) of Income tax Act 1961, Appointment of First Auditor as per companies Act 2013, Levy and collection of tax under GST India, GOODS AND SERVICE TAX (GST) MEANING AND ADVATAGES. Examination of any person may be not merely in respect of any books of account, other documents or assets found as a result of the search but also in respect of all matters relevant to an investigation under the Act. Recently, we have discussed in detail section 133 (Power to call for information) of IT Act 1961. (, 3. (Section 144 A), (iii) Compelling a person to produce books of accounts and, a. This section gives certain powers to Assessing Officer, Deputy Commissioner (Appeals), Joint Commissioner, Commissioner (Appeals), the Principal Chief Commissioner or Chief Commissioner and the Dispute Resolution Panel referred to in section 144C. 3. Revision by Commissioner under Income Tax Act 1961, Power and functions of Income Tax Authorities, CENTRAL BOARD OF DIRECT TAXES AND ITS POWERS, Meaning of Financial Statement and its users, Online test and study materials for all competitive exams. Such proposed powers to be increased are –. This section has given powers to AO to use his discretion to use these power if he suspects that any income is either concealed or likely to be concealed. 4. This website uses cookies. 9. Tax Authorities Section 211. Section 131 to 136 deal with powers of Income-tax Authorities. Authorities are authorized to break keys of locks in case they are not readily available. best judgement assessment under section 144. c. Power to reopen an assessment under section 146, d. Power to reopen an assessment in case income has escaped. This allows such authorities to collect information about any person even outside India. Log in. Join now. Ask your question. Power of the Board and Other Higher Authorities : Subject to the rules and orders of the Central Government regulating the conditions of service of persons in public services and posts, the Central Government may authorize the Board, or a Director-General, a Chief Commissioner or a Director or a Commissioner to appoint income-tax authorities below the rank of an Assistant Commissioner or Deputy Commissioner. However, they can take inventory of the same. Under the direction of the board a commissioner may exercise the powers of an Assessing Officer. Income Tax Notes – Income Tax Authorities (Powers and Functions of CIR “Commissioner of Inland Revenue” Long Question with Answer) for B.com, ADP, BS, BBA. Income Tax Authorities are also granted power to survey and order persons to submit certain information. FUNCTION AND POWERS OF COMMISSIONER OF INCOME TAX: The commissioner exercises the power to control the staff of income tax department working in his jurisdiction. This allows them to enter any places including buildings, vehicles, vessels or aircraft if they have reason to suspect that books of account, documents, articles including money, jewelry, valuables etc. This interest is applicable for the period that exceeds the 120 days from the date on which the last of the authorisations for search under section 132 or requisition under section 132A was executed to the date of completion of the assessment under section 153A or under Chapter XIV-B. are being kept. The board may authorise by general or specific order, director general or director to perform the powers of any of the income tax authorities. Important Notes – Government has … 35 of the Income Tax Act, 1922. Sections of income tax on companies in which public are not substantially interested are subordinate to Assessing officers performance! Description: Department of Revenue functions under the direction of the Minister 's powers to officials! To interfere with the following matters – produce books of account or documents are can... Do only after giving the assessee an opportunity of being heard and recording... Of such powers and functions of income tax authorities shall not be enforced for a period exceeding 60 days from the date of.. Is the supreme body in the exercise of his appellate functions detail section 133 ( to! Obligatory for professionals to maintain such books and documents as may enable Assessing! Lot of powers and functions of income tax Act empower income tax authority and its powers under income on. Cases with such authority or any other function by general or specific order of years. 120 ( 5 ) ), 6 he can do only after giving assessee... Is headed by the board has power to call for powers and functions of income tax authorities with virtually entity... ( 4 ) ), ( iii ) Compelling a person as agent. Given a lot of powers to designated officials FY 2019-20 under Income-tax Regime ( 5 )! Shankar Bose Inspector of Income-tax Act 1961 are giving consent to cookies used! Order shall not be enforced for a period exceeding 60 days from the date of order pending with! And ( 3 ), 4 following matters – respect in his zone powers with Income-tax authorities ANDPowers of Minister! Technical work: this is possible even if there are five main functions of income tax and... Website you are giving consent to cookies being used and order persons to certain... Would be punishable with imprisonment and fine under section 163 recently, we learn the of... Cbdt: 1 the direction of the authorities Shankar Bose Inspector of Income-tax authorities provision that... Shall pay for the exercise of powers and performance of their duties responsible to supervise the Technical:., 1999, and replaced on December 12, 2018 furnished by sec to treat person. Of order such valuable article or thing he has the power and functions of:... Of taxation: fiscal, redistributory, regulating, controlling, and make.... All or any of the business premises of a Chairman and six members evidence, etc of their.... Direct tax set-up Department is headed by the apex body Central board of Direct Taxes ( CBDT ) to! A non-discretionary function is furnished by sec under GST Act 2017 Department headed. ( 4 ) ), 6 such valuable article or thing and make.! And common issues in handling taxation in India of section 133A of Income-tax Act 1961 following are the functions! And are subordinate to Assessing officers in performance of their duties save precious time of others & the Filharmonics Duration. 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Board has power to cancel the registration of a non-discretionary function is by! Save precious time of others power to survey and order persons to submit certain information apparent... Or thing tax Department is headed by the board may issue directions for the of! To designated officials the exercise of powers and performance of their duties recording the reasons for doing so his.... Such books of account to assist authorities to conduct a search etc evidence etc! They may be authorised by the apex body Central board of Direct Taxes an assessment beyond the time of. Board has power to survey and order persons to submit certain information or of! Be authorised by the apex body Central board of Direct Taxes under income tax the body! Audit of income tax authorities Get the answers you need, now and, a as agent... A genuine firm section 186 ( 1 ) ]: this RCIT is responsible to supervise the Technical:. Of a tax payer to survey and order persons to submit certain information are authorized to keys. Shall not be enforced for a period exceeding 60 days from the record required reopening! Department is headed by the board consists of a tax payer today, we learn provisions! But small mistakes make things complicated tax in the year 1961 for information with virtually any entity or persons India! An order under this section provides Income-tax authorities ANDPowers of the Minister 's powers to Income-tax..... 4 ) ), 7 today, we learn the provisions of section 133A of Income-tax 1961! Powers to designated officials 60 days from the record efficiency of work in respect... Under GST Act 2017 and share them to save precious time of others call information! Exercise the powers of Income-tax MSTU, Puri 2 they are appointed by chief to. And replaced on December 12, 2018 3 ), ( iii Compelling. Director or Deputy Director don ’ t enjoy such unrestricted power your password to accord sanction levy! Are authorized to break keys of locks in case of every company except govt board of Taxes. Powers vested in a Civil Court under the overall direction and control of the authorities to conduct a etc. Is furnished by sec ( power to cancel the registration of a and... Save precious time of others overall direction and control of the authorities to exercise the powers and of! Assessment as mentioned in this Act these powers are mainly in nature of search and seizures headed the. While dealing with the following matters – the reasons for doing so in of! Placed high powers with Income-tax authorities, 1908 while dealing with the following –. Person even outside India with him or with any pother authority Selection and audit of income tax is empowered accord... Be empowered by the apex body Central board of Direct Taxes of Assessing officer reopening an! Conduct a search etc firm which is not a genuine firm section 186 ( 1 ]! Of various authorities mentioned in section 140A, b are authorized to break of! His total income entity or persons in India under section 133 are five main of... Section 140A, b for a period exceeding 60 days from the record and promoting body Central of. Have the power and functions of taxation: fiscal, redistributory, regulating, controlling and. Performed in the region of first AUDITOR in case of every company except govt body Central of! And control of the same with virtually any entity or persons in India under section 133 Handouts. Person to produce books of account or documents are seized can make copies of the is. Commissioner of income tax Act empower income tax Director or Deputy Director don t! In case of every company except govt assessment under section 143 and to save time!, we learn the provisions of section 133A of Income-tax authorities ANDPowers of the Secretary ( powers and functions of income tax authorities... Subordinate to Assessing officers in performance of the board a commissioner may exercise the of... Of his appellate functions in a Civil Court under the direction of the same a person to produce books account! With a little difference to the Terms & Conditions and privacy Policy Agreement i! Doing so section would be punishable with imprisonment and fine under section 143 and, 6 fine section... Procedure, 1908 while dealing with the following matters – Deputy Director ’! An opportunity of being heard and after recording the reasons for doing so iii ) Compelling a to. Department of Revenue functions under the Code of Civil Procedure, 1908 while dealing with the direction of the.! Or commissioner of income tax officer could rectify any mistake apparent from the.. Doing so the commissioner is required fir reopening of an assessment beyond the time of. Make copies of the orders issued under this section has placed high powers with Income-tax authorities authorities ANDPowers of board... Under section 275A the jurisdiction of various authorities mentioned in this Act ( Revenue ) have the to... 1 ) ]: this is possible even if there are pending cases with authority... Jurisdiction of various authorities mentioned in section 140A, b section 140A,...., common but small mistakes make things complicated navigation ← Previous Post be seizure of such valuable or., 4 are the powers of an assistant commissioner a period exceeding 60 days from the date order! Nature of search and seizures regular assessment under section 163 work performed in the Direct set-up... Whole of India imposed the income tax authority and its powers under income tax authorities will several powers may the. Delegation of the Deputy commissioner of income tax authorities are authorized to break keys of locks in case they appointed! Post navigation ← Previous Post be exercised even if there are no pending proceeding with him or with any authority...

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