Report on action taken on orders of the income Tax Settlement Commission (ITSC) - Income Tax - F.No. 414/09/2012-IT (Inv.I)

F.No. 414/09/2012-IT (Inv.I) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Room No. 269, North Block, New Delhi, dated the 7th August, 2013 To All Chief Commissioners of Income Tax (Central) All Directors General of income Tax (Investigation) Sub : Report on action taken on orders of the income Tax Settlement Commission (ITSC)- reg. Madam/Sir, Kind reference is invited to CBDT s letter of even number dated 4th March, 2013 regarding handling of cases before ITSC (copy enclosed). 2. Paragraph 3 of the above mentioned Letter is reproduced as under: The CCslT/DsGlT (Inv) are requested to take immediate remedial measures to ensure that prompt necessary action is taken in the cases wherein applications have been filed before the Settlements Commission. The CslT(DR), CslT(Central) and other CsIT, DsIT concerned should ensure proper submissions in the hearings and in Rule 9 reports in the light of discussion supra. On receipt of the orders, the CsIT (DR) should send their brief comments on the acceptability of the order along-with their suggestions on the further course of action. The CsIT (DR) should also report to the CCIT/DGIT concerned as to whether their written and oral submissions were considered in the order. The orders passed by the Commission need to be examined by the CsIT concerned carefully in the light of statutory provisions and the discussion supra and wherever necessary remedial measures should be taken without any delay including by way of filing of Writ Petitions before the Hon ble High Courts. 3. Despite the above guidelines, instances have come to the notice of the Board wherein it has been observed that timely and proper action as delineated in the above-mentioned instruction has not been taken after the receipt of the orders of ITSC. 4. In view of the above, I am directed to request you to furnish a report to the Board on action taken on the orders of ITSC received from 1.04.2012 onwards as per enclosed format [Annexure-A] latest by 26.08.2013. A soft copy of the same may be sent at [email protected] . 5. This issues with the approval of Member (Inv.), CBDT Yours faithfully (Nikhil Varma) Under Secretary (Inv.I) Tele : 011-23095464 Fax : 011-23092802