Nodal coordination for tax reliefs ensures CBDT consent governs income tax concessions in insolvency rehabilitation proceedings. The DGIT (Admn.) is the nodal agency to represent the revenue before industrial reconstruction authorities on requests for income tax relief; it must assess each case on merits, obtain CBDT approval before consenting to relief, communicate decisions binding on assessing officers, gather incomplete information for CBDT consideration, and pursue appeals where the reconstruction authority disagrees with CBDT, while regional chief commissioners defend cases in other high courts.
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.
Nodal coordination for tax reliefs ensures CBDT consent governs income tax concessions in insolvency rehabilitation proceedings.
The DGIT (Admn.) is the nodal agency to represent the revenue before industrial reconstruction authorities on requests for income tax relief; it must assess each case on merits, obtain CBDT approval before consenting to relief, communicate decisions binding on assessing officers, gather incomplete information for CBDT consideration, and pursue appeals where the reconstruction authority disagrees with CBDT, while regional chief commissioners defend cases in other high courts.
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