Power of CIT in revision u/s 263 & 264. - Income Tax - 205/CBDT

INSTRUCTION NO 205/CBDT, Dated: August 14, 1970 I am directed to refer to Board's Instruction No.160, dated 18th April, 1970(F.No.403/40/70-ITCC) on the above subject and to clarify certain doubts raised by some of the CsIT/Additional CsIT regarding the allocation of work. 1. As per item Nos.1 2 of Annexure A relating to Administrative and non-statutory Technical Functions, additional CsIT were authorised to deal with all matters in connection with the Departmental examinations of Gazetted Officers and Inspectors and other non-gazetted staff. The intention was that the work relating to all recruitment examinations will continue to be dealt with by the Commissioners of Income-tax. 2. As per item No.6 of Annexure A relating to administrative and non-statutory Technical functions, Additional Commissioners of Income-tax were authorised to sanction special loans from Provident Fund Accounts etc. in respect of non-gazetted staff. The intention was that the powers of granting all types of advances to non-gazetted staff hitherto sanctioned by the CsIT were to be exercised by the Addl.CsIT. 3. As per item No.1 of Annexure A to Board's Notification No.87 dated 29th May, 1970(f.No.187/13/70-ITA I) the Addl.CsIT have to perform all Revisionary powers u/s's.263 264 of the I.T.Act, 1961. It may be stated that only the CsIT are competent to exercise Revisionary powers under the Indian Income-tax Act, 1922.