Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Technical Panel to Firm up Views on Major IT Cases

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Technical Panel to Firm up Views on Major IT Cases
News and Press Release
Dated:- 22-11-2012

Press Information Bureau Government of India Ministry of Finance 22-November-2012 16:52 IS .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... T With a view to provide clarity on contentious legal issues, promote consistency of approach on a given issue and reduce litigation, the following institutional mechanism to formulate 'Departmental .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... View' on contentious legal issues has been set up by the Central Board of Direct Taxes (CBDT); (i) A Standing Committee in the Central Board of Direct Taxes known as "Central Technical Committee (CTC .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ) on Departmental View" has been constituted. (ii) In order that the contentious legal issues are first discussed at the local level and duly filtered, each CCIT (CCA) has constituted a "Regional Tec .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hnical Committee" (RTC). CTC can receive references for CBDT, RTCs and Directors of Income Tax (Legal & Research). The CTC may also pick up any issue for consideration suo motu. CTC is required to t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ake up references to formulate 'Departmental View' considering their relative importance. Once approved by the CBDT, the 'Departmental View' is to be issued as a Circular. This was stated by the Mini .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ster of State for Finance, Shri S.S. Palanimanickam in written reply to a question in the Rajya Sabha today. * * * DSM/RS/bs
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates