Month: June 2012

Hon’ble Finance Minister Pranab Mukherjee addressed the top brass of the CBEC yesterday (4.6.2012) in which he warned that in the drive to collect more revenue, the assessees should not be “unduly burdened“. He cautioned the department to ensure that their actions did not hinder the smooth conduct of any bona fide activity of an honest and law-abiding tax payer and did not, in any way, add to his legitimate compliance cost. He emphasized that the department had to strive to build a transparent and hassle-free tax regime where the assessee voluntarily complies with the statutory requirements and dreads any breach of regulatory provisions and procedures

Shri. G. E. Veerabhadrappa, the Hon’ble President of the Tribunal, has arranged a residential training programme on International Taxation and Transfer Pricing for the Hon’ble Members of the Tribunal at Mumbai from 11th to 20th August 2012