Jurisdiction of IACc (Asst.).

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Full Text of the Document

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....n the Conference of Commissioners of Income-tax, 1987. 2. In modification of their existing instructions on the subject, the Board have now decided that in the four metropolitan cities, IACs (Assessment) should be assigned cases in which the return income/loss from business/profession exceeds Rs.10 lakhs or the aggregate sales/turnover/gross receipts exceeds Rs.5 crores in respect of any assessme....