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of <h1>CBDT expands jurisdiction of Principal Commissioners under Income Tax Notification 2014, adds Schedule-IV details</h1> The Central Board of Direct Taxes amended the 2014 notification to insert a new entry assigning jurisdiction to the Principal Commissioner/Commissioner of Income-tax in Srinagar over specified persons and cases within Jammu & Kashmir and Ladakh. It also authorized specified Principal Commissioners/Commissioners listed in a newly inserted Schedule-IV to exercise powers over additional jurisdictions alongside their existing ones. Schedule-IV details various Principal Commissioners/Commissioners and their expanded territorial jurisdictions across multiple cities and regions. Corrections to certain entries were later made via a subsequent notification. These amendments came into effect on August 13, 2020.
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