https://www.taxtmi.com/news?id=20667 The Cabinet approved creation of an Adjudicating Authority with three additional benches and an Appellate Tribunal under the Prohibition of Benami Property Transactions Act, staffed by diverting equivalent posts from the Income Tax Department/CBDT. The Authority and Tribunal will sit in the National Capital Territory, with proposed benches in Kolkata, Mumbai and Chennai, and notification will follow consultation with the proposed Chairperson. The institutional changes aim to provide first-stage review and an appellate mechanism to improve administration and expedite disposal of cases under the Act. en-us Wed, 24 Oct 2018 15:35:35 +0530 Wed, 24 Oct 2018 15:35:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20667 The Cabinet approved creation of an Adjudicating Authority with three additional benches and an Appellate Tribunal under the Prohibition of Benami Property Transactions Act, staffed by diverting equivalent posts from the Income Tax Department/CBDT. The Authority and Tribunal will sit in the National Capital Territory, with proposed benches in Kolkata, Mumbai and Chennai, and notification will follow consultation with the proposed Chairperson. The institutional changes aim to provide first-stage review and an appellate mechanism to improve administration and expedite disposal of cases under the Act. News - Wed, 24 Oct 2018 15:35:35 +0530 https://www.taxtmi.com/news?id=20667