TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Procedures for Handling Cases Before Income-tax/Wealth-tax Settlement Commission; Commissioners Must Justify Objections Under Specific Sections.</h1> The circular outlines procedures for handling cases before the Income-tax/Wealth-tax Settlement Commission. A Commissioner of Income-tax is designated to represent the Department's viewpoint, with hearings scheduled under specific sections of the Income Tax and Wealth Tax Acts. Commissioners must evaluate evidence before objecting to applications, ensuring objections are justified. The Settlement Commission gains exclusive jurisdiction only after an application is accepted, allowing it to modify orders. The Commission can grant immunity from prosecution under various acts, and Commissioners should expedite reports to avoid delays in processing applications, informing the Commission if extensions are needed.
TaxTMI 
TaxTMI 
