https://www.taxtmi.com/acts?id=31206 Central Government may, by notification and for a period not exceeding six months, supersede the Board where a grave emergency, persistent non compliance with directions impairing the Board's financial position or administration, or public interest circumstances exist. Upon supersession all members vacate office, the Government may appoint persons to exercise the Board's powers and duties, and Board property vests in the Government until reconstitution. The Government may reconstitute the Board before or on expiry of the period and must lay the notification and a full report before each House of Parliament. en-us Tue, 02 Jan 2018 17:48:11 +0530 Sat, 07 Dec 2019 10:10:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31206 Central Government may, by notification and for a period not exceeding six months, supersede the Board where a grave emergency, persistent non compliance with directions impairing the Board's financial position or administration, or public interest circumstances exist. Upon supersession all members vacate office, the Government may appoint persons to exercise the Board's powers and duties, and Board property vests in the Government until reconstitution. The Government may reconstitute the Board before or on expiry of the period and must lay the notification and a full report before each House of Parliament. Act-Rules IBC Tue, 02 Jan 2018 17:48:11 +0530 https://www.taxtmi.com/acts?id=31206