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of <h1>New CBDT Notification: Chief Commissioners Designated u/s 120 for Specific Areas and Classes of Income.</h1> The Central Board of Direct Taxes, under the authority of section 120 of the Income-tax Act, 1961, has issued a notification designating specific Chief Commissioners of Income-tax to exercise powers and perform functions in specified territorial areas or for certain classes of persons or incomes. The notification also authorizes these Chief Commissioners and designated Commissioners to issue written orders for the exercise of powers by subordinate income-tax authorities. The notification includes a schedule listing the Chief Commissioners, their headquarters, and corresponding Commissioners with jurisdiction, covering areas such as Gauhati, Bhubaneshwar, and Panchkula.
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