https://www.taxtmi.com/news?id=13352 A High Level Committee constituted under section 119 requires Assessing Officers to obtain prior approval before pursuing fresh assessments where income is alleged to have arisen before 1 April 2012 due to retrospective amendments on indirect transfer; the Committee must afford the taxpayer an opportunity to be heard, issue time-bound directions, and submit periodic reports to the CBDT. en-us Tue, 02 Sep 2014 14:29:21 +0530 Tue, 02 Sep 2014 14:29:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13352 A High Level Committee constituted under section 119 requires Assessing Officers to obtain prior approval before pursuing fresh assessments where income is alleged to have arisen before 1 April 2012 due to retrospective amendments on indirect transfer; the Committee must afford the taxpayer an opportunity to be heard, issue time-bound directions, and submit periodic reports to the CBDT. News - Tue, 02 Sep 2014 14:29:21 +0530 https://www.taxtmi.com/news?id=13352