Deduction under section 35AC approved for adventure and eco tourism infrastructure; three-year approval period specified.
Approval under Section 35AC is granted for The Manipur Mountaineering & Trekking Association to carry out an "Infrastructure Development Project on Adventure and Eco Tourism," with an estimated project cost and a specified maximum portion of that cost allowable as a deduction under the section. The notification limits the period of approval to three financial years commencing with 2014-15 and ending with 2016-17, and confines deductibility to the maximum amount set for that period.

Corrigendum to notification corrects Schedule entries, swapping Mumbai office designations in the tax notification.
Corrigendum amends Schedule-II column 4 by replacing the designation in item (v) from "Mumbai 2" to "Mumbai 4" and in item (vii) from "Mumbai 4" to "Mumbai 2", thereby correcting the prior notification's Schedule entries.

Notification amendment adds Visakhapatnam to specified Principal Commissioner posts and removes Kolkata, with consequent renumbering.
Corrigendum inserts the place name "vishakhapatnam" against the entry for Principal Commissioner/Commissioner of Income-tax (Central) at serial number 6, omits the Kolkata entry at serial number 9, and consequentially renumbers the listed sub-entries from (x)-(xiii) to (xi)-(xiv).

Jurisdiction of income-tax authorities continues and may be vested in subordinate officers, with specified office allocations following supersession.
The notification supersedes S.O.822(E) and directs continuation of existing jurisdiction of specified income-tax authorities until revoked, requires specified Director Generals, Chief Commissioners and Principal Commissioners/Commissioners to exercise powers in respect of cases assigned to subordinate Assessing Officers, and authorises written orders vesting the jurisdiction and functions of an Assessing Officer in subordinate Deputy Commissioners, Assistant Commissioners or Income-tax Officers; schedules list the offices affected and notes record amendments.

Jurisdiction of income-tax authorities: centralising investigative and enforcement powers with designated Directors General and territorial assignments.
Central Board of Direct Taxes directs specified Directors General and Principal Directors/Directors of Income-tax to exercise investigative, penalty and offence-related powers nationwide where indicated, and to exercise other statutory powers within specified territorial limits listed in the Schedule; it authorises those officers to issue written orders delegating such powers to subordinate authorities, maps offices to territorial jurisdictions by state, union territory and revenue district, and supersedes earlier notifications while preserving prior actions.

Subordination of senior income-tax officers to Central Board clarifies reporting hierarchy and omits redundant clause.
The amendment substitutes clause (a) to specify that Principal Directors General, Principal Chief Commissioners, Directors General and Chief Commissioners, including designated investigation and exemption posts, shall be subordinate to the Central Board of Direct Taxes, and omits clause (aa), thereby consolidating senior officers under the Board's supervisory control and streamlining the reporting framework.

Transfer pricing authority empowered to allocate work among Transfer Pricing Officers, adjusting administrative distribution of transfer pricing functions.
The Central Board of Direct Taxes empowers the Principal Chief Commissioner of Income-tax (International Taxation), Chief Commissioners of Income-tax (International Taxation), Commissioners of Income-tax (International Taxation and Transfer Pricing), and Commissioners of Income-tax (Transfer Pricing) to distribute the work amongst the Transfer Pricing Officers working under them while exercising their powers and performing their functions.

Delegation of income tax powers: Principal Chief Commissioners authorized to direct subordinate income tax authorities' exercise of functions under schedule.
The notification under section 120(1) and (2) of the Income tax Act authorises specified Principal Chief Commissioners to issue written orders delegating the powers and functions of the listed subordinate income tax authorities within designated territorial areas, persons, incomes or cases, while preserving the Commissioner (Appeals) independent appellate discretion; it supersedes the 1990 notification and comes into force on the fifteenth day of November, 2014, with an annexed Schedule identifying the delegations and a note recording a later substitution for the North East Region entries.

Corrigendum to income-tax notification correcting schedule entries and localities with textual amendments to columns and serials.
Corrigendum to Notification S.O. 2754(E) replaces "Commissioner of Income-tax (Exemption)" with "Commissioner of Income-tax (Exemptions)", changes "Delhi-2" to "Delhi" for serial number 6, inserts "and 112 to 116" after "serial numbers 158 to 181" for serial number 10, substitutes "241" with "250" for serial number 14 in column (5), and revises column (4) for serial number 14 to read "area covered by Municipal Corporation of Greater Mumbai and Navi Mumbai Municipal Corporation."

Jurisdiction of Income tax Authorities: Additional and Joint Commissioners empowered to exercise Assessing Officer functions for authorised areas and cases.
The Central Board of Direct Taxes, exercising powers under clause (b) of sub-section (4) of section 120 of the Income-tax Act, directs that Additional Commissioners of Income-tax and Joint Commissioners of Income-tax shall exercise the powers and perform the functions of Assessing Officers for territorial areas, persons or classes of persons, incomes or classes of incomes, and cases or classes of cases for which they have been authorised by the Principal Chief Commissioner, Chief Commissioner, Director General, Principal Commissioner or Commissioner of Income-tax.

Bank term deposit deduction limit increased under Income tax Section 80C, altering the eligible deposit threshold effective on notification.
The Bank Term Deposit (Amendment) Scheme, 2014 substitutes the threshold in para 3(1) of the Bank Term Deposit Scheme, 2006, increasing the eligible deposit limit for the income tax deduction under Section 80C from one lakh rupees to one hundred and fifty thousand rupees; the amendment is notified by the Central Government and comes into force on publication in the Official Gazette.

Jurisdiction of Income Tax Authorities refined: amendments reassign cases under section 127 and update prior notification allocations.
The notification amends prior CBDT notifications by substituting the Schedule entries in column (4) to redefine which Income tax authorities have jurisdiction over cases assigned under section 127, specifying the offices and districts included in or excluded from the purview of designated Chief Commissioners, Principal Commissioners, Commissioners (including TDS, Central and International Taxation units), and addressing Transfer Pricing allocation where noted; the amendment takes effect from 15th November, 2014.

Prescribed authority change: applications for charitable and exempt institutions routed to Principal Commissioner or Commissioner after specified date.
Amendments designate the Principal Commissioner or Commissioner as the prescribed authority for specified sub-clauses of clause (23C) of section 10, clause (aa) of section 12A(1) and section 80G(5) on and after a Board-specified date; retain transitional roles for Chief Commissioner or Director General as authorised by the Board; amend Rule 11AA(6) wording; and revise Forms 10A, 56 and 56D to restate required identification fields, routing of applications before and after the specified date, requirement of four copies, and authority to request further documents.

Transfer pricing hierarchy: notification establishes subordination of TPOs to Additional/Joint Commissioners and Commissioners, clarifying reporting lines.
Notification prescribes the hierarchical reporting structure for Transfer Pricing Officers: Deputy/Assistant Commissioner TPOs are subordinate to Additional/Joint Commissioner TPOs, Additional/Joint Commissioner TPOs are subordinate to Commissioners of Income-tax, and those Commissioners are subordinate to the Chief Commissioners identified in the Schedule, with specific offices and regional allocations set out in the Schedule and later textual amendments noted.

Transfer pricing jurisdiction allocated to designated Transfer Pricing Officers under section 92CA to administer sections 92C and 92D.
The notification designates specified officers as Transfer Pricing Officers and vests them with the powers and functions under the transfer pricing statute to determine transfer pricing matters for the purposes of the provisions dealing with computation and assessment of international and specified domestic transactions. Jurisdiction is allocated by territorial areas and classes of assessees (including assignment by assessing officer jurisdiction and by initial letters or symbols of assessee names). The notification supersedes the earlier notification subject to a savings clause and authorises senior international tax commissioners to distribute work among these officers.

Transfer pricing jurisdiction consolidated: Commissioners directed to exercise powers and functions of designated transfer pricing officers nationwide.
The notification under section 120(1) and (2) directs specified Commissioners of Income-tax to exercise the powers and perform the functions of designated Additional/Joint and Deputy/Assistant Commissioners who are Transfer Pricing Officers, as enumerated in the annexed Schedule mapping commissioner headquarters to subordinate Transfer Pricing Officers and their territorial or class-wise jurisdiction.

Jurisdiction of Income tax Authorities: notification assigns territorial and TDS powers to designated commissioners and permits written delegation.
Notification under sections 120(1) and (2) reallocates jurisdiction to specified Commissioners, defines territorial areas and classes of persons (including non residents, foreign companies with Permanent Establishments, resident taxpayers, companies and deductors), confers powers particularly relating to Tax Deduction at Source under listed sections, and authorises written delegation to Additional/Joint Commissioners and further to Assessing Officers; it supersedes the earlier notification and specifies an effective commencement date.

Subordination of income tax officers redefined to clarify reporting lines and personnel and vigilance oversight.
The notification amends internal subordination and reporting lines: specified senior income tax officers are declared subordinate to the Central Board of Direct Taxes; Directors General or Chief Commissioners report to the Principal Director Generals or Principal Chief Commissioners within their territorial jurisdiction; Principal Directors, Directors, Principal Commissioners, Commissioners and Commissioners (Appeals) are subordinate to the corresponding Principal Directors General/Directors General or Principal Chief Commissioners/Chief Commissioners; and certain heads must report to the Principal Chief Commissioner of the territorial area for personnel and vigilance matters.

Direction to Commissioners to exercise TDS jurisdiction and delegate powers for specified territorial and taxpayer classes.
CBDT directs specified Commissioners of Income-tax (TDS) to exercise all powers and functions relating to deduction and collection of tax at source for designated persons and territorial areas, with certain sections excluded; Commissioners may delegate those powers in writing to Additional or Joint Commissioners, who may further delegate to Assessing Officers. The notification defines "located" for jurisdictional purposes and uses alphabetical allocation for certain jurisdictions, supersedes prior notifications in part, and specifies its effective date.

Section 120 direction reallocates jurisdiction to designated income tax authorities and prescribes their headquarters and scope.
A directive under Section 120 vests specified powers and functions in named Income-tax authorities by designating their headquarters and delineating the classes of persons, incomes or territorial areas over which they shall exercise jurisdiction; it supersedes an earlier board notification subject to non-retroactivity, lists the commissioners and subordinate units in the Schedule, and states the notification's commencement and later amendments.