PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
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The Board delegates concurrent authority to the Commissioner of Income-tax at the Centralized Processing Centre, Bengaluru, to rectify apparent errors in orders (including refund adjustments, prepaid tax credits, reliefs, and interest computation) under section 154 and to issue demand notices under section 156, limited to cases handled via the Assessing Officer-CPC interface; the Commissioner may further authorize Additional/Joint Commissioners and Assessing Officers subordinate to them to exercise these powers for specified territorial areas, persons, income classes or cases; effective from Gazette publication.
The Board delegates concurrent authority to the Commissioner of Income-tax at the Centralized Processing Centre, Bengaluru, to rectify apparent errors in orders (including refund adjustments, prepaid tax credits, reliefs, and interest computation) under section 154 and to issue demand notices under section 156, limited to cases handled via the Assessing Officer-CPC interface; the Commissioner may further authorize Additional/Joint Commissioners and Assessing Officers subordinate to them to exercise these powers for specified territorial areas, persons, income classes or cases; effective from Gazette publication.
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