https://www.taxtmi.com/acts?id=31832 The Bill mandates pre-notice consultation before issuing demand notices in non-collusion cases and permits prescribed supplementary show-cause notices with the same legal effect as original notices. It prescribes definite adjudication time frames, allows extension by a senior officer, and deems proceedings concluded if not determined within extended periods. Time limits are suspended where specified appeals, stays or directions exist. The Bill authorises recovery of excess refunds determined on appeal as sums due with interest and preserves a limited demand where collusion-based notices are held unsustainable, and includes a transitional provision preserving prior law for notices issued during a specified earlier interval. en-us Thu, 01 Feb 2018 17:20:39 +0530 Fri, 02 Feb 2018 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31832 The Bill mandates pre-notice consultation before issuing demand notices in non-collusion cases and permits prescribed supplementary show-cause notices with the same legal effect as original notices. It prescribes definite adjudication time frames, allows extension by a senior officer, and deems proceedings concluded if not determined within extended periods. Time limits are suspended where specified appeals, stays or directions exist. The Bill authorises recovery of excess refunds determined on appeal as sums due with interest and preserves a limited demand where collusion-based notices are held unsustainable, and includes a transitional provision preserving prior law for notices issued during a specified earlier interval. Act-Rules Bills Thu, 01 Feb 2018 17:20:39 +0530 https://www.taxtmi.com/acts?id=31832