# The Finance Act, 2017, Section 81: Amendment of section 245-O

- Act: The Finance Act, 2017
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2017/section/81/

## Text

Amendment of section 245-O. 81. In section 245-O of the Income-tax Act,— (a) | in sub-section (3),— (i) | in clause (a), after the words "a Judge of the Supreme Court", the words "or the Chief Justice of a High Court or for at least seven years a Judge of a High Court" shall be inserted; (ii) | for clause (c), the following clause shall be substituted, namely:— "(c) | a revenue Member— (i) | from the Indian Revenue Service, who is, or is qualified to be, a Member of the Board; or (ii) | from the Indian Customs and Central Excise Service, who is, or is qualified to be, a Member of the Central Board of Excise and Customs, on the date of occurrence of vacancy;"; (iii) | in clause (d), after the words "Government of India", the words "on the date of occurrence of vacancy" shall be inserted; (b) | after sub-section (6), the following sub-sections shall be inserted, namely:— "(6A) In the event of the occurrence of any vacancy in the office of the Chairman by reason of his death, resignation or otherwise, the senior-most Vice-chairman shall act as the Chairman until the date on which a new Chairman, appointed in accordance with the provisions of this Act to fill such vacancy, enters upon his office. (6B) In case the Chairman is unable to discharge his functions owing to absence, illness or any other cause, the senior-most Vice-Chairman shall discharge the functions of the Chairman until the date on which the Chairman resumes his duties.".

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