Rule 156 — Prescribed income

Parent Act Section(s): Section 259

Full Text

Prescribed income-tax authority under section 259. — The prescribed income-tax authority under section 259 shall be an Income-tax authority not below the rank of Assistant Commissioner of Income-tax, who has been authorised by the Central Board of Direct Taxes to act as such authority for the purposes of that section.

[To be populated — interpretive notes, circular references, case law pointers]