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Review meeting taken by the FM on the working of ITSC on 24.10.2013- Material for preparing a brief for the follow up meeting

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..... meeting taken by the FM on the working of ITSC on 24.10.2013 - Material for preparing a brief for the follow up meeting With reference to the communication of the Under Secretary, Department of Revenue vide F.No. A-Q21016/14/2013-Ad IC(AAR) dated 19.11.2013, the undersigned is directed to furnish the following inputs of the CBDT indicating status of the action taken/proposed to be taken on each .....

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..... e up with the work load to effectively. represent the cases before the Bench. In order to ensure effective representation, the matter of posting of one more CIT(DR) to Mumbai Bench has been taken up with the Member (P&V) and the Chairperson CBDT 2. No adjournment to be sought: by the CIT. Directions to be issued for submission of all reports in time Directions in this regard have been issued on .....

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..... cation, the FM directed Member(lnv) that before filing Writ by the Department, he may be informed. Directions in this regard have been issued on 26.11.2013 to all the CCsIT (CCA), CCslT(C)/DGsIT(lnv) under intimation to the zonal Members 5. Suggestion to amend Rule 44CA to provide forwarding of the whole settlement application, including Annexures, while calling Commissioner's report u/s 245D(2 .....

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..... ing made by the Department. Amount of such adjustments in 2012-13 exceeded Rs. 70,000 crore. ITSC requested that some Benches should be designated to hear transfer pricing adjustment cases expeditiously so that the demand could be collected. FM directed that a note may be submitted to him in this regard. Member (Inv), CBDT was present in the meeting. As per his recollections and notings of the pr .....

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