Mera Samvidhaan All of Income-tax Act, 1961

Chapter XIX-A · Settlement of cases

245AAInterim Boards for Settlement.

Section 245AA · Chapter XIX-A · page 842 of the Act

(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.

Other provisions that mention Section 245AA

Section 245AA of The Income-tax Act, 1961 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.