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of <h1>CBDT Designates Transfer Pricing Officers u/ss 120 & 92CA for Streamlined Taxpayer Management in Major Indian Cities.</h1> The Central Board of Direct Taxes issued an order under Sections 120 and 92CA of the Income Tax Act, 1961, designating Transfer Pricing Officers (TPOs) across various regions in India. The order specifies the territorial jurisdiction and the alphabetical division of taxpayers for TPOs based in Delhi, Mumbai, Bangalore, Chennai, and Kolkata. Each region is divided between two TPOs, with one handling taxpayers whose names begin with A to L and the other managing those from M to Z. This directive aims to streamline the assessment and administration of transfer pricing regulations.
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