Powers conferred u/s 120 of the Income-tax Act 1961 (43 of 1961)-column (2) of the Schedule II - Amendment in N. No. S.O. 733(E) dated the 31st July, 2001 - 206/2003 - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Powers under section 120: Chief Commissioners in Schedule II to exercise all Income-tax Act powers for PAN applicants. Chief Commissioners of Income-tax in column (2) of Schedule II are directed under Section 120 to exercise all powers and perform all functions under the Income-tax Act for persons who applied for Permanent Account Number on or after 1 July 2003 and who are otherwise assessable by the Income-tax authorities specified in column (4) of that Schedule.
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.
Powers under section 120: Chief Commissioners in Schedule II to exercise all Income-tax Act powers for PAN applicants.
Chief Commissioners of Income-tax in column (2) of Schedule II are directed under Section 120 to exercise all powers and perform all functions under the Income-tax Act for persons who applied for Permanent Account Number on or after 1 July 2003 and who are otherwise assessable by the Income-tax authorities specified in column (4) of that Schedule.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.