Jurisdiction extension for Large Taxpayer Unit enabling delegated exercise of statutory powers for specified taxpayers. The Commissioner of Income-tax (Large Taxpayer Unit) Chennai is empowered to exercise the powers under the Income-tax Act, including Chapter XVII-B and Chapter XVII-BB, for classes of cases and persons specified in the Schedule where consent for the LTU scheme is given and prescribed payment conditions are met; the Commissioner may delegate those powers in writing to Additional or Joint Commissioners, who may further delegate in writing to Assessing Officers, in respect of the specified cases or persons.