Approving Panel procedure requires circulation of references, notice to both parties, hearing opportunity, and flexible meeting venue. Procedure before the Approving Panel requires the Chairperson, on receipt of a reference under rule 129, to circulate the reference to the other members within seven days and to issue notice to both the Assessing Officer and the assessee. The notice must afford a reasonable opportunity of being heard and specify the date and place of hearing. The meetings of the Approving Panel are to be held at such place as the Panel may decide.
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Provisions expressly mentioned in the judgment/order text.
Approving Panel procedure requires circulation of references, notice to both parties, hearing opportunity, and flexible meeting venue.
Procedure before the Approving Panel requires the Chairperson, on receipt of a reference under rule 129, to circulate the reference to the other members within seven days and to issue notice to both the Assessing Officer and the assessee. The notice must afford a reasonable opportunity of being heard and specify the date and place of hearing. The meetings of the Approving Panel are to be held at such place as the Panel may decide.
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