Settlement Commission (Income-tax and Wealth-tax) (Recruitment and Conditions of Service of Chairman, Vice-Chairmen and Members) Amendment Rules, 2021 - G.S.R. 245 (E) - Income Tax

..... MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 31st March, 2021 G.S.R. 245 (E).-In exercise of the powers conferred by the proviso to article 309 of the Constitution, the President hereby makes the following rules to amend the Settlement Commission (Income-tax and Wealth-tax) (Recruitment and Conditions of Service of Chairman, Vice-Chairmen and Members) Rules, 2015 namely: - 1. Short title and commencement - (1) These rules may be called the Settlement Commission (Income .....

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Settlement Commission (Income-tax and Wealth-tax) (Recruitment and Conditions of Service of Chairman, Vice-Chairmen and Members) Amendment Rules, 2021 - G.S.R. 245 (E) - Income Tax

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..... tion 3, Sub-section (i) dated 30th March, 2015 vide G.S.R. 235(E), dated 27.03.2015. Explanatory Memorandum: The Settlement Commission (Income-tax and Wealth-tax) (Recruitment and Conditions of Service of Chairman, Vice-Chairmen and Members) Amendment Rules, 2021 is being given retrospective effect from the 1st February, 2021 in pursuance of clause 56 of Finance Bill, 2021 proposing to insert a proviso under section 245B of the Income-tax Act, 1961 to the effect that Settlement Commission shall .....

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Settlement Commission (Income-tax and Wealth-tax) (Recruitment and Conditions of Service of Chairman, Vice-Chairmen and Members) Amendment Rules, 2021 - G.S.R. 245 (E) - Income Tax

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