Rule-16B (of Income Tax Rules, 1962), Prescribed authority for the purposes of clauses (8A) and (8B) of section 10 (of Income Tax Act, 1961)

Rule-16B (of Income Tax Rules, 1962), Prescribed authority for the purposes of clauses (8A) and (8B) of section 10 (of Income Tax Act, 1961)

Income Tax

Prescribed authority for the purposes of clauses (8A) and (8B) of section 10 (of Income Tax Act, 1961).

For the purposes of clauses (8A) and (8B) of section 10 (of Income Tax Act, 1961), the "prescribed authority" shall be the Additional Secretary, Department of Economic Affairs in the Ministry of Finance, Government of India in concurrence with Member (Income-tax) of the Board.]