TMI Blog710/CBDT.X X X X Extracts X X X X X X X X Extracts X X X X ..... dings should conform to the requirements of section 147 of the IT Act, 1961. 2. A reference has been received by the Board from a Commissioner as to whether it would be in order for the Commissioner of Income-tax/Board to approve initiation of proceedings under section 147 on the basis of reasons recorded by an ITO, who is transferred by the time the Commissioner of Income - tax/ Board gives his ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e-assessment proceedings. The successor ITO should record a note in the file to the effect that for the reasons recorded by his predecessor, he has come to the same conclusion and that the necessary approval by the Commissioner/Board has been obtained for reopening the assessment.
3. These instructions may please be brought to the notice of all officers working in the charge. X X X X Extracts X X X X X X X X Extracts X X X X
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