Section 233 Income Tax Act 2025 Amalgamation and demerger. 233. (1) Where there has been an amalgamation of a company with another company or companies, then, subject to the other provisions of this section, the provisions relating to the tonnage tax scheme shall, as far as may be, apply to the amalgamated company, if it… Read More »
Section 238 Income Tax Act 2025 Control of income-tax authorities. 238. The Board may, by notification, direct that any income-tax authority or authorities specified in the notification shall be subordinate to such other income-tax authority or authorities as specified in such notification.
Section 239 Income Tax Act 2025 Instructions to subordinate authorities. 239. (1) The Board may issue such orders, instructions and directions to other income-tax authorities as it considers fit for the proper administration of this Act, and such authorities and all other persons employed in the execution of this Act shall observe and follow such orders, instructions… Read More »
Section 240 Income Tax Act 2025 Taxpayer’s Charter. 240. The Board shall adopt and declare a Taxpayer’s Charter and issue such orders, instructions, directions or guidelines to other income-tax authorities as it considers fit for the administration of such Charter.
Section 241 Income Tax Act 2025 Jurisdiction of income-tax authorities. 241. (1) The income-tax authorities shall exercise all or any of the powers and perform all or any of the functions conferred on, or assigned to, such authorities under this Act, as per such directions as the Board may issue for the exercise of the powers and… Read More »
Section 242 Income Tax Act 2025 Jurisdiction of Assessing Officers. 242. (1) Where an Assessing Officer has been vested with jurisdiction over any area by virtue of any direction or order issued under section 241(1) or (2) or (3), he shall have jurisdiction within the limits of such area,— (a) in respect of any person carrying on a… Read More »
Section 244 Income Tax Act 2025 Change of incumbent of an office. 244. (1) Whenever, in respect of any proceeding under this Act, an income-tax authority ceases to exercise jurisdiction and is succeeded by another who has and exercises jurisdiction, the income-tax authority so succeeding may continue the proceeding from the stage at which the proceeding was… Read More »
Section 245 Income Tax Act 2025 Faceless jurisdiction of income-tax authorities. 73 245. (1) The Central Government may, by notification, make a scheme for the purposes of— (a) exercise of all or any of the powers and performance of all or any of the functions conferred on, or assigned to, income-tax authorities under this Act referred to in section… Read More »
Section 246 Income Tax Act 2025 B.-Powers Power regarding discovery, production of evidence, etc. 246. (1) The Assessing Officer, Joint Commissioner, Joint Commissioner (Appeals), Commissioner (Appeals), Commissioner or Principal Commissioner, or Chief Commissioner or Principal Chief Commissioner and the Dispute Resolution Panel referred to in section 275(17)(a), shall, for the purposes of this Act, have the same… Read More »
Section 247 Income Tax Act 2025 Search and seizure. 247. (1) Where the competent authority, in consequence of information in his possession, has reason to believe that— (a) any person to whom a summons under section 131(1) or a notice under section 142(1) of the Income-tax Act, 1961 (43 of 1961) or summons under section 246(1) or a notice under section 268(1) of this Act,—… Read More »