The CBDT is on a shopping spree. It has been allocated a whopping sum of Rs. 615 crore by the Finance Ministry ostensibly to “augment the infrastructure” of the Income-tax department. Of this Rs. 264 crore will be splurged, inter alia, on buying mobile phones, laptops etc for the ITOs and Inspectors. It is claimed that this will “improve efficiency & capabilities of the officers & officials of the Department”. The CBDT has invited suggestions on how the balance of the bonanza should be spent by it
itatonline.org
Only the latest & most important updates on taxation
Author: editor
Taxpayers & Professionals Impressed With Law Min & ITAT For Speedy Setting Up Of New Bench In Surat
The speed with which the Law Ministry and the ITAT have moved with regard to the setting up of the new Bench at Surat has impressed tax professionals and taxpayers. A glittering function was held to inaugurate the Bench on 1st September 2017. The function was attended by several eminent dignitaries. A few photos taken on the occasion are available
Bombay High Court’s Tax Bench Constitution w.e.f 04.09.2017
The Constitution of the Bombay High Court’s Tax Bench w.e.f 04.09.2017 is as follows
Trust Honest Taxpayers & Do Not Harass Them: NAMO To CBDT Top Brass
Prime Minister Narendra Modi addressed high ranking officials of the CBDT and CBEC at Rajasva Gyan Sangam. He exhorted the officials to incorporate both a ‘sense of urgency,’ and ‘measurability,’ in their performance. He also directed them to fix clear targets to improve the country’s tax administration by 2022. He also instructed the officials to come up with an action plan to eliminate pendency in tax related cases. He emphasized that an environment that instills confidence among honest taxpayers & uproots corruption has to be created
CBDT Extends Due Date For Filing ROI And Linking Aadhaar With PAN
The CBDT has issued two Notifications under section 119 of the Income-tax Act, 1961, both dated 31st August 2017 and bearing the same number. Vide one Notification, the CBDT has directed that the due date for filing the return of income and tax audit reports shall be extended from 30th September, 2017 to 31st October, 2017. Vide the other Notification, the CBDT extended the time for linking Aadhar with PAN till 31.12.2017
ITAT Mumbai Will Work Today But Matters Will Be Adjourned If Parties Are Unable To Attend
The ITAT, Mumbai Bench, has announced that due to the disruption caused by heavy rains, matters in which the parties are unable to attend will be adjourned. No matters will be decided ex-parte. This decision has been taken by the authorities at the request of the ITAT Bar Association.
Supreme Court To Examine Validity Of The Tribunal Members Rules 2017
The infamous ‘Tribunals, Appellate Tribunals and Other Authorities (Qualifications, Experience And Other Conditions of Service of Members) Rules, 2017‘ is under attack from several fronts. The Supreme Court will now examine whether the Rules, which seek to appoint the Members of the Tribunal for a limited period, and which make the appointment and removal of the Members the sole prerogative of the Government, is valid in law
Top Lawyers Protest Allegation Of ‘Bias’ Against High Court Judge By State Govt
In an astonishing incident, the Maharashtra State Government has alleged that a senior High Court judge is ‘biased’ against it and sought transfer of its cases from his Court. While the judge declined to recuse himself, the Chief Justice intervened and transferred the cases to another Judge. The move has not gone down well with the Advocates and the Bar Association and they have unanimously condemned the incident
CBDT Order Promoting Officers To Post Of Principal Commissioner Of Income-tax
The CBDT has vide Order No. 137 of 2017 dated 16th August 2017 promoted several officers to the grade of Principal Commissioner of Income-tax (level 15 In the pay matrix Rs. 1,82,200 – 2,24,100) wef the date of assumption of charge of the post or until further orders
Transfer Of Hon’ble Members Of The ITAT (August 2017)
Two Hon’ble Members of the ITAT, being a Judicial Member and an Accountant Member, have been transferred with effect from 16th August 2017 in public interest.
Recent Comments