Review Meeting on the working of Income Tax Settlement Commission- Directions of Hon’ble Finance Minister - Income Tax - F. No. 299/130/2013-IT(lnv.lII)/1298

F. No. 299/130/2013-IT(lnv.III)/1298 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated 26th Nov, 2013 To All the Chief Commissioners of Income Tax (CCA) All the Directors General of Income Tax (Inv.) All the Chief Commissioners of Income Tax (Central) Sub : Review Meeting on the working of Income Tax Settlement Commission- Directions of Hon ble Finance Minister- Regarding Sir/Madam, The undersigned is directed to state that the functioning of various Benches of the Settlement Commission was reviewed by the Finance Minister on 24.10.2013 and certain directions issued for immediate compliance. In order to ensure due and immediate compliance with such directions, you are requested to ensure the following actions by the officers under your Region: i. The Commissioners/Commissioners (DR) shall submit the reports sought by the ITSC within the time prescribed and no adjournments shall be sought by them, particularly in the cases filed before Settlement Commission prior to 01.06.2007 ii. The CCsIT/DGsIT shall immediately review all the cases pending before Settlement Commission in respect of applications filed prior to 31.5.2007 wherein stay was granted by the Supreme Court with a view to ensure that all possible steps were taken to get the stay vacated at the earliest. A list of such cases, clearly indicating the status and reasons for the pendency, should be sent to the Member (Inv) CBDT latest by 28.11.2013 under intimation to the Zonal Member so that requisite report to the Finance Minister could be submitted. iii. Advance intimation to the Member (Inv) should be given by the CCIT/DGIT concerned in case a Writ is proposed to be filed before the High Court against an order of the ITSC u/s 245D(2C). Yours faithfully, (S. L. Anuragi) Under Secretary (Inv.-III)