'Directors (International Taxation)' Under a Director General of Income Tax
With the advent of globalization, a large number of multinationals setting up base in our country and Indian enterprises acquiring businesses overseas, international taxation has emerged as a very important and specialized new area of taxation. With flow of income from one jurisdiction to another, tax planning by modern day multinational enterprises is becoming the most integral part of their financial planning. For dealing with the challenges thrown in, the Directorate of International Taxation has been established under a Director General of Income Tax (International Taxation).
There is a large set up of officers of the rank of Commissioners of Income Tax designated as Directors (International Taxation) and Directors (transfer pricing) in this directorate, who are posted in metros and other important cities of the country. They are dealing with matters relating to international corporations and businesses, and are supported by subordinate officers and staff.
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