Substitution of new authorities.
4. In the Income-tax Act, save as otherwise expressly provided, and unless the context otherwise requires, the reference to any income-tax authority specified in column (1) of the Table below shall be substituted and shall be deemed to have been substituted with effect from the 1st day of June, 2013 by reference to the authority or authorities specified in the corresponding entry in column (2) of the said Table and such consequential changes as the rules of grammar may require shall be made:
Table
|
Sl. No.
|
(1)
|
(2)
|
|
1.
|
Commissioner
|
Principal Commissioner or Commissioner
|
|
2.
|
Director
|
Principal Director or Director
|
|
3.
|
Chief Commissioner
|
Principal Chief Commissioner or Chief Commissioner
|
|
4.
|
Director General
|
Principal Director General or Director General
|
Notes on Clauses:
Clause 4 of the Bill seeks to make consequential amendments in the Income-tax Act in view of the amendments made in section 2 of the said Act relating to definitions of the expressions “Chief Commissioner”, “Commissioner” and “Director General or Director”.
These amendments will take effect retrospectively from 1st June, 2013.
