Technical Panel to Firm up Views on Major IT Cases
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....echnical Panel to Firm up Views on Major IT Cases <br>News and Press Release<br>Dated:- 22-11-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 22-November-2012 16:52 IST....
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.... With a view to provide clarity on contentious legal issues, promote consistency of approach on a given issue and reduce litigation, the following institutional mechanism to formulate 'Departmental V....
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....iew' on contentious legal issues has been set up by the Central Board of Direct Taxes (CBDT); (i) A Standing Committee in the Central Board of Direct Taxes known as "Central Technical Committee (CTC)....
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.... on Departmental View" has been constituted. (ii) In order that the contentious legal issues are first discussed at the local level and duly filtered, each CCIT (CCA) has constituted a "Regional Tech....
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....nical Committee" (RTC). CTC can receive references for CBDT, RTCs and Directors of Income Tax (Legal & Research). The CTC may also pick up any issue for consideration suo motu. CTC is required to ta....
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....ke up references to formulate 'Departmental View' considering their relative importance. Once approved by the CBDT, the 'Departmental View' is to be issued as a Circular. This was stated by the Minis....
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....ter of State for Finance, Shri S.S. Palanimanickam in written reply to a question in the Rajya Sabha today. * * * DSM/RS/bs<BR> News - Press release - PIB....
TaxTMI
TaxTMI