The Ministry of Finance, Department of Revenue, Central Board of Direct Taxes has issued Notification No. 47/2023, bringing further amendments to the Income Tax Act 1961. These amendments have been made in exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act. The notification replaces a specific row in Schedule-I of the previous Notification No. 70/2014, dated 13th November 2014.
The amended row in Schedule-I pertains to the Director General of Income-tax (Investigation), Bengaluru. It specifies the corresponding Principal Commissioner / Commissioner of Income-tax (Central) for Bengaluru and Panaji. The notification provides clarity on the hierarchy and jurisdiction within the Income Tax Department for these locations. The amendments will come into force from 10th July 2023.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
New Delhi
Notification No. 47/2023-Income Tax | Dated: 6th July, 2023
S.O. 2992(E).—In exercise of powers conferred by sub-sections(1) and (2) of section 120 of the Income-tax Act, 1961(43 of 1961), the Central Board of Direct Taxes hereby makes the following further amendments in the Notification of the Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes No.70/2014 dated the 13th November, 2014, published in Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide number S.O. 2915(E) dated the 13th November, 2014 namely:-
In the said Notification, in Schedule–I, for the row at Sl. No. 2, the following row shall be substituted, namely:-
| Sl. No. | Director General of Income-tax (Investigation) |
Headquarters | Principal Commissioner / Commissioner of Income-tax (Central) |
Headquarters |
| (1) | (2) | (3) | (4) | (5) |
| 2. | Director General of Income-tax (Investigation), Bengaluru | Bengaluru | (iii) Principal Commissioner / Commissioner of Income-tax (Central), Bengaluru | Bengaluru |
| (iiia) Principal Commissioner / Commissioner of Income-tax (Central), Panaji | Panaji |
2. This notification shall come into force w.e.f. 10.07.2023.
[Notification No. 47/2023/F. No. 187/3/2020-ITA-I]
VIKAS SINGH, Director
Note : The Principal Notification No.70/2014 was published in the Gazette of India, Extraordinary, Part – II, Section 3, Sub-section (ii) vide S.O. 2915(E) dated the 13th November, 2014 read with Corrigendum S.O. 2922(E) dated 15th November, 2014 and further amended by Notification No.70/2014 published in the Gazetted of India, Extraordinary, Part – II, Section 3, Sub-section (ii) vide S.O. 1160(E) dated the 11th March, 2021 and last amended by Notification No. 71/2022 published in the Gazette of India, Extraordinary, Part –II, Section 3, Sub-section (ii) vide S.O. No. 2926(E) dated 28th June, 2022.
