NOTIFICATION NO. 185/2006, DATED 18-7-2006
S.O. 1125(E).—In exercise of the powers conferred by sub-section (2) of section 94 and Section 106 of the Finance Act, 2005 (18 of 2005) read with sub-sections (1) and (2) of Section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby authorises the Income-tax authority as specified below, to exercise or perform all or any of the powers and functions conferred on, or, as the case may be, assigned to an Assessing Officer for the purpose of Chapter VII of the Finance Act, 2005 relating to Banking Cash Transaction Tax, —
the Assessing Officer, for the purposes of Chapter VII of the Finance Act, 2005, shall be the same who is having jurisdiction in respect of the assessee for the purposes of the Income-tax Act, 1961.
[F. No. 187/03/2006-ITA-I]