Income-tax (Dispute Resolution Panel) Rules, 2009 Amended
CBDT has amended the Income-tax (Dispute Resolution Panel) Rules, 2009 as follows:
Rule | Existing | Amended |
|---|---|---|
3(2) | The Board shall assign by name three Commissioners of Income-tax to each panel as Members who by name, in addition to their regular duties as Commissioners, shall also carry on the functions of the panel. | The Board shall assign by designation three Commissioners of Income-tax to each panel as Members who by name, in addition to their regular duties as Commissioners, shall also carry on the functions of the panel. |
3(3) | Where any Member of the panel is transferred, the Board shall assign, by name, another Commissioner of Income-tax in the place of the outgoing Member of the panel to carry out the functions of the panel. | The Board shall assign one Commissioner of Income-tax as a Reserve Member to each panel, who, in addition to his regular duties as Commissioner, shall also carry on the functions of the panel, in place of any Member, as and when required by the Director General of Income-tax (International Taxation). |
3(3A) | New Sub rule | The Director General of Income-tax (International Taxation) may, after giving the eligible assessee an opportunity of being heard and after recording the reasons, transfer a case from one panel to another panel. |
Now, the Board need not issue a notification every time a Commissioner is transferred.
CBDT Notification No. 33/2012 [F.NO.133/13/2012-SO(TPL)]/SO 1967(E), Dated: August 24, 2012