Notification No. 91/2021 [F.No. 370142/33/2021-TPL] / SO 3216 (E)

What it does

The Central Government, under sub-section (1) of section 245AA of the Income-tax Act, 1961, establishes seven Interim Boards for Settlement. Interim Boards I, II and III have their headquarters at Delhi, Interim Board IV at Kolkata, Interim Boards V and VI at Mumbai, and Interim Board VII at Chennai.

Who it reaches

Applicants whose settlement applications are pending and stand transferred to an Interim Board
Members appointed to the Interim Boards for Settlement
Principal Commissioners and Commissioners responding to such applications
Counsel appearing in settlement proceedings

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.

Under the 1961 Act	Now
s.245AA	no counterpart recorded

The instrument, as the Board published it

The department publishes this one only as a PDF, so the words below were read out of that PDF by machine. That reading can carry its own mistakes — a misread number, a broken line. Check the signed document before you rely on a figure in it.

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 10th August, 2021
S.O. 3216 (E).—In pursuance of the powers conferred by sub-section (1) of section 245AA of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby establishes the Interim Boards for Settlement specified in column (2) of the Schedule below, having its headquarters at the place mentioned in column (3) of the said Schedule, namely:-

SCHEDULE
Sl. No. Interim Board for Settlement Headquarters
(1) (2) (3)
1. Interim Board for Settlement-I Delhi
2. Interim Board for Settlement-II Delhi
3. Interim Board for Settlement-III Delhi
4. Interim Board for Settlement-IV Kolkata
5. Interim Board for Settlement-V Mumbai
6. Interim Board for Settlement-VI Mumbai
7. Interim Board for Settlement-VII Chennai

[Notification No. 91/2021/F.No. 370142/33/2021-TPL]
SHEFALI SINGH, Under Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.

From when

Not stated in the extract.

What to watch

The extract states no commencement date beyond the date of the notification.
Seven Boards are established, so the Board with jurisdiction over a given case depends on where the case is allocated among Delhi, Kolkata, Mumbai and Chennai.
The notification establishes the Boards but the extract sets out no allocation of cases between them.

Where you meet it

In a pending settlement application taken up by an Interim Board and in the hearings and orders that follow before it.

← Notification No. 92/2021 [F. No.370142/21/2021-TPL (Part)] / GSR 551(E) · Notification No. 90/2021 [F. No. 370142/20/2021-TPL] / GSR 545(E) →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.

What this is