Bare ActsIncome tax Act, 1961

Section 245AA

27-[Interim Boards for Settlement.--

Amendment status not verified — confirm the current text below against the official source.

(1) The Central Government shall constitute one or more Interim Boards for Settlement, as may be necessary, for the settlement of pending applications. (2) Every Interim Board shall consist of three members, each being an officer of the rank of Chief Commissioner, as may be nominated by the Board. (3) If the Members of the Interim Board differ in opinion on any point, the point shall be decided according to the opinion of the majority.] Inserted by the Act No. 13 of 2021, w.r.e.f. 01/02/2021.

Section 245AA – Income tax Act, 1961 | DailyLaw.ai