Overview
The Central Board of Direct Taxes has issued a new notification to streamline administrative functions under the Income-tax Act 1961. The notification empowers designated Income Tax authorities to rectify errors and issue demand notices in specific cases. This move is aimed at improving efficiency in processing and correcting tax orders reviewed through the Centralized Processing Centre in Bengaluru.
Key Directives
Under the latest instructions, the authority listed in the attached Schedule will exercise concurrent powers to correct mistakes under Section 154 of the Income-tax Act. These powers include:
- Rectification of mistakes apparent from records in previously issued tax orders
- Correction of errors in refund calculations and pre-paid tax credits
- Adjustment of interest under Section 244A wherever required
- Issuing fresh notice of demand under Section 156 after rectification
Scope of Authority
These powers are specifically applicable to cases processed through the interface between the Assessing Officer and the Centralized Processing Centre Bengaluru. The notification authorizes further delegation of responsibilities to:
- Additional Commissioners and Joint Commissioners of Income-tax for operational handling
- Assessing Officers for execution at the field level
Jurisdiction Specified
| Designation | Headquarters | Jurisdiction |
|---|---|---|
| Commissioner of Income Tax Centralized Processing Centre | Bengaluru | All cases processed through the interface between Assessing Officer and CPC |
Effective Date
The notification comes into effect from the date of its publication in the Official Gazette.