Sec.2(7A)-Demarcation of jurisdiction of AOs.

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.... and the IAC was also changed by the aforesaid Amendment Act. Consequently jurisdiction of the 3 categories of assessing officers was clearly demarcated vide chairman's D.O.Letter F.No.DIR(Hqrs)GH/88-89/3012-3 dated 15th April, 1988. The basis followed for demarcation of jurisdiction was the amount of income or loss shown in the return pending as on the 1st April of the relevant financial year. 2....