Report u/s 394A of the Companies Act, 1956- Taking accounts of comments/inputs from Income Tax Department and other sectoral Regulators while filing reports by RDs.
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Central Government representation under Section 394A: Regional Directors must solicit income tax and regulator comments before filing. Regional Directors acting under Section 394A must invite the Income Tax Department's comments within 15 days upon receipt of notice and seek any necessary feedback from other sectoral regulators before filing the Government's representation; lack of response from the Income Tax Department is to be treated as no objection. Regional Directors must not decide the correctness of regulators' views and should refer matters of doubt to the Ministry before filing. This procedure is effective immediately.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Central Government representation under Section 394A: Regional Directors must solicit income tax and regulator comments before filing.
Regional Directors acting under Section 394A must invite the Income Tax Department's comments within 15 days upon receipt of notice and seek any necessary feedback from other sectoral regulators before filing the Government's representation; lack of response from the Income Tax Department is to be treated as no objection. Regional Directors must not decide the correctness of regulators' views and should refer matters of doubt to the Ministry before filing. This procedure is effective immediately.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.