Working of sections 125A and 144B of the Incomw Tax Act.

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..... ions have arisen in one case noticed by the board where the Commissioner had conferred concurrent jurisdiction u/s.125A(1) on the IAC. Under the said order the IAC was also required to pass such orders as he might deem fit under sub sec(2) of sec.125A. The IAC passed orders u/s.125A(2) conferring upon himself all the functions of the ITO in respect of certain cases and in respect of other cases th .....

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..... hereof; v) whether in respect of such cases where the ITO performs the functions of assessment etc. the provisions of section 144A and 144B are applicable. 3. The above issues were examined by the Board in consultation with the Ministry of Law. The Board are advised as under:- i) The mere fact that an order under sub-section(1) of sec.125A is passed does not mean that the ITO is automaticall .....

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..... and function; iii) The IAC by an order under sub-section (2) of section 125A can distribute the cases between himself and the ITO so that each of them may perform all the functions and exercise all the powers under the I.T.Act in respect of such cases; iv) In respect of cases where the ITO performs the functions of the assessments etc. the provisions of sec.144A and 144B will be applicable. I .....

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