Technical Panel to Firm up Views on Major IT Cases

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..... Technical Panel to Firm up Views on Major IT Cases - News and Press Release Dated:- 22-11-2012 - News - Press Information Bureau Government of India Ministry of Finance 22-November-2012 .....

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..... 16:52 IST 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 De .....

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..... partmental 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 Co .....

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..... mmittee (CTC) 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 .....

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..... Regional Technical 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 i .....

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..... s required to take 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 st .....

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..... ated by the Minister 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 Tax Management India - .....

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..... taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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