Ministry tweaks rules on remuneration and service terms of ITAT Members
PrintListen to this Article
INCOME TAX APPELLATE TRIBUNAL MEMBERS (RECRUITMENT AND CONDITIONS OF SERVICE) AMENDMENT RULES, 2014 - AMENDMENT IN RULE 9
NOTIFICATION NO. GSR 174(E) [F.NO.A-12018(1)/02/2013-ADMN.III(LA)], DATED 10-3-2014
In exercise of the powers conferred by the proviso to article 309 of the Constitution, the President hereby makes the following rules further to amend the Income Tax Appellate Tribunal Members (Recruitment and Conditions of Service) Rules, 1963, namely :—
1. (1) These rules may be called the Income Tax Appellate Tribunal Members (Recruitment and Conditions of Service) Amendment Rules, 2014.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Income Tax Appellate Tribunal Members (Recruitment and Conditions of Service) Rules, 1963 (hereinafter referred to as the principal rules), rules 7, 7A and 7B shall be omitted and rule 7C shall be renumbered as rule 7.
3. In the principal rules, for rule 9, the following rule shall be substituted, namely:—
"9. Pay and Allowances :—
| (1) | (a) the President shall be in the Apex Scale of Rs. 80000/- per month (fixed); | |
| (b) the Senior Vice-President shall be in the Apex Scale of Rs. 80000/-, per month (fixed); | ||
| (c) the Vice-President shall be in the Higher Administrative Grade plus Scale of Rs. 75500/- (annual increment @ 3%) - Rs. 80000/-, per month; and | ||
| (d) Member shall be in the Higher Administrative Grade plus Scale of Rs. 75500/- (annual increment @ 3%) - Rs. 80000/-, per month. | ||
| (2) | In addition to the pay scale specified in sub-rule (1), the President, the Senior Vice-President, the Vice-President and the member shall be entitled to such allowances and other benefits as are admissible to the Central Government officers of the appropriate category and subject to the conditions laid down in rules and orders of the Central Government governing the grant of such allowances and benefits in force from time to time. | |
| (3) | Where a serving Judge of a High Court is appointed as the President, he shall be entitled to a monthly salary at the same rate as is admissible to a Judge of the High Court: | |
| Provided that where a retired Judge of the High Court is appointed as the President, his monthly salary shall be reduced by the gross amount of pension or employer's contribution to the Contributory Provident Fund or any other form of retirement benefit, if any, drawn or to be drawn by him. | ||
| (4) | A sitting or retired Judge of the High Court appointed as the President shall be entitled to such allowances and other benefits as are admissible to a sitting Judge of the High Court of Bombay. |
Category : Income Tax | Comments : 0 | Hits : 471
Circular No. 16/2023 :?Extension of timelines for filing of Form 10B/10BB and Form ITR-7 for the Assessment Year 2023-24
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 7th March, 2023 S.O. 1072(E).—In exercise of the powers conferred by sub-clause (vi) of ...
Finance Act 2022 insetted a new section 194R in the Income-tax Act, 1961 (hereinafter referred to as "the Act") with effect from I" July 2022. The new section mandates a person,...
S.O. 2735(E).In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following further a...
testing
Comments