CBDT Constitutes Committee To Fine Tune Transfer Policy
Listen to this Article
In view of large scale cadre restructuring being effected in the Income Tax department recently, the CBDT has constituted a committee to review the existing transfer and posting policy in the organisation.
The restructuring has brought about large scale changes in the jurisdiction of I-T officers and also changes in the assessment ranges for a number of taxpayers.
The seven-member committee, constituted recently and headed by a Delhi-based Principal DG rank officer, has been tasked to submit its report by this month end.
However, its tenure can be extended if the need arises.
According to an order issued by the Central Board of Direct Taxes (CBDT), the restructuring “has resulted in creation of new functional divisions and hierarchies and the transfer and posting policy should also lay down norms for regulation of postings in these new created divisions and hierarchies.”
Hence, the committee, the order said, will go into the details of fine tuning the existing policy of the department in this regard.
“After restructuring, two new levels (ranks) have been created in the hierarchy of the I-T department, namely, Principal Chief Commissioner or Principal Director General and Principal Commissioner or Principal Director of Income Tax.
These two levels have been mostly created by upgradation of certain number of pre-existing posts of Chief Commissioner or Director General and Commissioner or Director respectively.
“After restructuring, the tenures of posting on these posts have been now divided. As the existing transfer and posting policy does not contain any provision for the newly created posts, there is a need to incorporate in the policy the norms for the same,” the order issued by CBDT and accessed by PTI said. (PTI)
Category : CBDT | Comments : 0 | Hits : 513
The Central Board of Direct Taxes (CBDT), has issued Circular No. 07/2024 dated 25.04.2024 further extending the due date for filing Form 10A/ Form 10AB under the Income-tax Act, 1961 (the ‘Act’) upto 30th June, 2024. CBDT had earlier extended the due date for filing Form 10A/ Form 10AB by trusts, institutions and funds multiple times to mitigate genuine hardships of the taxpayers. The last such extension was made by Circular No. 06/2023 extending the date to...
Certain instances of mismatch of information as filed by the taxpayer and as available with the Income Tax Department have come to the notice of the Department as part of its routine exercise of verification of data. In such cases, the Department has alerted the taxpayers to enable them to take corrective action. However, some posts on social media, as well as articles in the media, have highlighted enquiries initiated by the Central Board of Direct Taxes (CBDT) in cases where employees have mad...
The Central Board of Direct Taxes (CBDT) has said the Income Tax department can file appeals irrespective of monetary threshold in cases relating to TDS/TCS, undisclosed foreign income, or information received from investigating agencies like ED and GST Intelligence. As per the present rules, tax authorities are allowed to file appeals before the ITAT, High Court and Supreme Court, if the disputed tax demand exceeds Rs 50 lakh, Rs 1 crore and Rs 2 crore, respectively. These thresholds were fi...
Income of any fund or institution or trust or any university or other educational institution or any hospital or other medical institution referred to in specified sub-clauses of section 10 (23C) of the Income-tax Act, 1961 (the ‘Act’) or any trust or institution registered under section 12AA/12AB of the Act is exempt, subject to fulfilment of certain conditions specified under various sections of the Act. One of the conditions required to be fulfilled by the tru...
Central Board of Direct Taxes (CBDT) on Monday ordered withdrawal of small tax demands that finance minister Nirmala Sitharaman had announced in her FY25 budget speech to improve ease of living. CBDT said that tax demand up to ?25,000 for assessment year up to 2010-11 and demands up to ?10,000 from the next year up to assessment year 2015-16 will be extinguished. However, any criminal action initiated or planned under any law will not be dropped. Any tax demand raised against taxes collect...


Comments