CBDT seeks to Amend Notification No.60/2014 w.r.t Transfer Pricing Officer

The Central Board of Direct Taxes(CBDT) Vide Notification No. 82/2022 dated 8th July 2022 seeks to Amend Notification No.60/2014 w.r.t Transfer Pricing Officer.

The Notification is Given Below:

S.O. 3148(E).—In exercise of the powers conferred by section 118 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendments in the Notification of the Government of India, Ministry of Finance No. 60/2014, published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii) vide number S.O. 2817(E) dated the 3rd November, 2014, namely:-

In the said Notification,-

(i) in clauses (a) and (b), for the word “Table”, the word “Schedule” shall respectively be substituted.

(ii) for clause (c), the following clause shall be substituted, namely:-

“(c) the Commissioner of Income-tax as specified in column (4) of the Schedule below shall be subordinate to the Chief Commissioner of Income-tax specified in column (3) of the said Schedule.”

(iii) in the Schedule, in Serial Number 1, under column number (3), the following shall be inserted, namely:-

“Chief Commissioner of Income-tax (International Taxation), Delhi”.

2. This notification shall come into force from the date of publication in the Official Gazette.

For Official Notification Download PDF Given Below: