SECTION 120 OF THE INCOME-TAX ACT, 1961 - INCOME-TAX AUTHORITIES - JURISDICTION OF - SPECIFIED CIT TO EXERCISE CONCURRENT POWERS & FUNCTIONS OF SPECIFIED AUTHORITIES

NOTIFICATION NO. 17/2013 [F. NO. 187/5/2013-ITA-I]/SO 461(E), DATED 26-2-2013

In exercise of the 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-

(a) directs that the Commissioner of Income-tax specified in column (2) of the Schedule hereto annexed, having his headquarters at the place specified in the corresponding entry in column (3) of the said Schedule, shall exercise the concurrent powers-

(i)          of processing of statement of tax deducted at source (hereinafter referred to as "statement") under sub-section (1) of section 200A of the Income-tax Act, 1961;

(ii)         of rectifying the mistakes which are apparent from processing of the statement under section 154 of the Income-tax Act, 1961;

(iii)       to set off or adjust refunds against outstanding tax liability of the deductor under section 245 of the Income-tax Act, 1961; and

(iv)        to issue notice of demand under section 156 of the Income-tax Act, 1961,

               in respect of such cases or classes of cases specified in the corresponding entry in column (4) of the said Schedule;

(b)         authorizes the Commissioner of Income-tax specified in column (2) of the Schedule to issue orders in writing for the exercise of the powers and performance of the functions by the Additional Commissioners or Joint Commissioners of Income-tax, who are subordinate to him, in respect of such cases or classes of cases specified in the corresponding entry in column (4) of the said Schedule;

(c)         authorizes the Additional Commissioners or Joint Commissioners of Income-tax, referred to in clause (b) of this notification, to issue orders in writing for the exercise of the powers and performance of the functions by the Assessing Officers, who are subordinate to them, in respect of such cases or classes of cases specified in the corresponding entry in column (4) of the said Schedule, in respect of which such Additional Commissioners or Joint Commissioners of Income-tax are authorized by the Commissioner of Income-tax under clause (b) of this notification.

Schedule

2. This notification shall come into force from the date of its publication in the Official Gazette.

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