Authorized signatory expansion broadens persons who may act for companies and firms under income-tax rules. The Finance Act, 2020 amends section 140 by inserting the words 'or any other person, as may be prescribed for this purpose' after 'by any director thereof' in clause (c) and after 'by any partner thereof' in clause (cd), thereby permitting prescribed persons to act or be treated equivalently to directors or partners for the specified purposes under the Income-tax Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Authorized signatory expansion broadens persons who may act for companies and firms under income-tax rules.
The Finance Act, 2020 amends section 140 by inserting the words "or any other person, as may be prescribed for this purpose" after "by any director thereof" in clause (c) and after "by any partner thereof" in clause (cd), thereby permitting prescribed persons to act or be treated equivalently to directors or partners for the specified purposes under the Income-tax Act.
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