https://www.taxtmi.com/acts?id=17813 Where an Assessing Officer considers an arrangement should be declared an impermissible avoidance arrangement under Chapter X-A, he may refer the matter to the Commissioner who must notify the assessee, hear objections, and either issue directions or refer contested matters to an Approving Panel. The Approving Panel issues binding directions in accordance with Chapter X-A, may require inquiries or documents, decides by majority, and its directions bind the assessee and tax authorities and are not subject to appeal. en-us Tue, 14 May 2013 15:01:24 +0530 Tue, 18 Nov 2025 12:11:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17813 Where an Assessing Officer considers an arrangement should be declared an impermissible avoidance arrangement under Chapter X-A, he may refer the matter to the Commissioner who must notify the assessee, hear objections, and either issue directions or refer contested matters to an Approving Panel. The Approving Panel issues binding directions in accordance with Chapter X-A, may require inquiries or documents, decides by majority, and its directions bind the assessee and tax authorities and are not subject to appeal. Act-Rules F. Acts / Amendment Acts Tue, 14 May 2013 15:01:24 +0530 https://www.taxtmi.com/acts?id=17813