Orders passed under section 264 of the Income Tax Act

Orders passed under section 264 of the Income Tax Act – Administrative supervision reg. https://www.taxtmi.com/circulars?id=52811 The Instruction requires Commissioners to prepare a brief and submit a copy of every order made under the Commissioner's revision power to the Principal Chief Commissioner/Chief Commissioner in the monthly DO letter. Principal Chief Commissioners/Chief Commissioners must report the number of such orders and any observations to the Zonal Member of the Board in their monthly DO letter and communicate observations to the Commissioner, while revisionary action remains subject to enquiry and to the Act's safeguards. en-us Fri, 16 May 2014 00:00:00 +0530 Tue, 20 May 2014 18:39:00 +0530 TaxTMI RSS Generator Orders passed under section 264 of the Income Tax Act – Administrative supervision reg. https://www.taxtmi.com/circulars?id=52811 The Instruction requires Commissioners to prepare a brief and submit a copy of every order made under the Commissioner's revision power to the Principal Chief Commissioner/Chief Commissioner in the monthly DO letter. Principal Chief Commissioners/Chief Commissioners must report the number of such orders and any observations to the Zonal Member of the Board in their monthly DO letter and communicate observations to the Commissioner, while revisionary action remains subject to enquiry and to the Act's safeguards. Circulars Income Tax Fri, 16 May 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52811