Vide Order No 176 of 2011 dated 28.10.2011 the CBDT has transferred and posted Commissioners & Directors of Income-tax with immediate effect

Vide Order No 175 of 2011 dated 27.10.2011 the CBDT has announced that the President has appointed several IRS officers as Joint Commissioners of Income-tax with immediate effect

Vide Order No 174 of 2011 dated 24.10.2011 the CBDT has promoted, transferred and posted several Chief Commissioners of Income-tax with immediate effect

We are pleased to announce that Hon’ble Shri. G. E. Veerabhadrappa has been appointed the officiating President of the Income Tax Appellate Tribunal with effect from 14.10.2011.

Shri Veerabhadrappa is a Chartered Accountant and has practiced for nearly 15 years before joining the Tribunal 16.8.1990. He was elevated to the post of Vice President on 7.1.2005.

Shri Veerabhadrappa has rich administrative experience in the working of the Tribunal, having been posted in diverse locations such as Indore, Mumbai, Chennai, Bangalore and New Delhi. He has been a party to several landmark judgement such as DCIT vs. Oman International Bank 100 ITD 285 (SB), Concept Creations vs. ACIT 120 ITR 19 (Del) (SB), Y. Subbaraju vs. ACIT 91 ITD 118 (Bang) (SB) etc.

We wish Shri Veerabhadrappa good luck in his new posting

We are pleased to announce that Hon’ble Shri. R. V. Easwar, President, Income Tax Appellate Tribunal, has been appointed Judge of the Delhi High Court. Shri. Easwar is scheduled to take oath on 17.10.2011.

Shri Easwar has qualified as a Lawyer (LLM) and as a Chartered Accountant. He practiced as a Lawyer in Chennai till his appointment as Judicial Member on 11.11.1991. On 07.01.2005 Shri Easwar was elevated to the post of Vice President. On 04.06.2010, he was elevated to the post of Senior Vice President and finally became the President of the Tribunal on 4.6.2010.

In the course of his distinguished career in the Tribunal, Shri. Easwar has been a party to several landmark judgements, some of them being ITO vs. Sak Soft Ltd 121 TTJ (Che) (SB) 865 (s. 10B), Aarthi Shenoy vs. JCIT 75 ITD 100 (Bang) (SB) (capital gains), Surendra Engineering vs. ACIT 86 ITD 121 (Mum)(SB) (80HHC), Cadell Weaving Mills vs. ACIT 80 ITD 79 (Mum) (SB) (115J) etc.

In honour of Shri. Easwar‘s elevation as High Court Judge, a Full Court Farewell function was held today, 14.10.2011. The function was organized by the Tribunal and the Bar Association.

The Chairman of the function was Hon’ble Shri G. E. Veerabhadrappa, Vice President. The other legal luminaries who addressed the gathering were Hon’ble Shri. D. Manmohan, Vice President, ITAT, Dr. K Shivaram, President, ITAT Bar Association, Shri. Arvind H. Dalal, Past President, Institute of Chartered Accountants of India, Shri. Pavan Kumar Ved, CIT-DR, Shri. S. E Dastur, Past President, ITAT Bar Association and Shri. Dinesh Vyas, Past President, ITAT Bar Association.

All dignitaries paid rich tribute to Shri. Easwar for his stellar contribution to the cause of justice.

A detailed note of the proceedings including the transcript of the speeches will be posted shortly.

We wish Shri. Easwar good luck in his new posting

The Ministry of Finance has invited applications for appointment to the post of “Income Tax Ombudsman”. The post of “Income Tax Ombudsman” carries a pay scale of Rs.75500-80000. Interested candidates are requested to forward their application by 31.10.2011 indicating their preferred location.

The Ministry of Revenue has intimated that some posts of Members of the Settlement Commission are vacant and due to be filled shortly. As per the Settlement Commission (Income Tax/ Wealth Tax) (Recruitment and Conditions of Service of Chairman, Vice-Chairman and Members) Amendment Rules, 2007 applicable to the said post, only serving Chief Commissioners of Income-tax or officers of equivalent rank are eligible to apply for these posts. Interested candidates are requested to send their application in the prescribed format to the Ministry on or before 31.10.2011