CBDT Notification under section 120 of the Income-tax Act
S.O. 1225(E).—In exercise of the powers conferred by sub-section (I) and sub-section (2) of section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes (CBDT) hereby makes the following amendment in the notification of the Government of India, Ministry of Finance, Central Board of Direct Taxes, No.66/2014 dated 13th November, 2014 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide No. S.O. 2907(E), dated 13th November, 2014, namely:-
- In the said notification, in the Schedule, for serial number 10 and the entries relating thereto, the following serial number and entries shall be substituted, namely:-
SCHEDULE
3. This Notification shall be deemed to have come into force on 24th February, 2021.
Note : The Principal Notification was published in the Gazette of India, Extraordinary, Part II, Section 3,
Sub-section (ii) vide S.O.2907 (E) dated the 13th November, 2014.
Explanatory Memorandum:
The Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, issued Office Order No.7 of 2021 in F.No. HRD/187/3/2021-ITA-I/8623 dated 24th February, 2021 for the purposes of diversion of existing post in the light of functional requirement. This amendment notification is being given retrospective from 24th day of February, 2021 in order to give effect to the said Officer Order. Therefore, it is certified that no person interest will adversely be affected by this notification.
Read More on CBDT, Income-tax
