Month: January 2012

Vide Order No. 08 dated 12.01.2012 the CBDT has promoted several Additional CITs/ DITs to the grade of Commissioner of Income-tax in the pay band of Rs. 37,400-67000 + grade pay Rs. 10,000 with effect from the date of assumption of charge of the post of CIT by them and until further orders

Vide Order No. 5 of 2012 dated 12.01.2012 the CBDT has posted and transferred officers in the grade of Commissioners/ Directors of Income-tax with immediate effect

The AIFTP has released a publication titled “155 Frequently Asked Questions & Answers – HUF”. Hon’ble Mr. Justice Deepak Verma, Judge, Supreme Court of India released the publication on 10th December, 2011 at Ranchi at the 16th National Convention organised by the AIFTP (Eastern Zone)

The Ministry of Finance has intimated vide letter dated 30.12.2011 that one post of Member of the Authority for Advance Rulings (IT) is due to fall vacant shortly. The format for making the application together with the terms and conditions of appointment and salary are stated in the letter

We deeply regret to announce the tragic and untimely demise of Hon’ble Shri Chiranjilal Sethi, Judicial Member, posted in Delhi. Shri. C. L. Sethi was a true Gentlemen and delivered many land mark judgments such as DLF Universal Ltd. vs. DCIT 123 ITD 1 (Del.) (SB), JCIT vs. Poddar Projects Ltd 88 ITD 247 (Cal)(SB), Peer Less Securities Ltd. vs. JCIT 95 ITD 89 (Cal.)(SB) etc. Shri. Sethi was known for his simplicity, knowledge and integrity. His conduct on the Bench was impeccable

The List of Holidays of the Income Tax Appellate Tribunal in the year 2012 is available