Vide order passed in pursuance of the consultations of the collegiums of the Income Tax Appellate Tribunal, consisting of the President and two senior-most Vice Presidents, Dr O K Narayanan, Vice Preaident, ITAT, Chennai Zone, Chennai is transferred to ITAT, Kolkata Zone, Kolkata w.e.f. 10 Sep 2012 and Shri Hari Om Maratha, JM, ITAT, Jabalpur is transferred to ITAT, Jodhpur w.e.f. 03 Sep 2012
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CBDT Sets Up Committee To Form “Departmental View on Contentious Legal Issues”
Vide Office Memorandum dated 28.08.2012, the CBDT has set up an elaborate “Institutional Mechanism for Forming Departmental View on Contentious Legal Issues”
CCIT Will Be Held Personally Responsible For Transfer Order Violation: CBDT
The CBDT has issued a letter dated 27.08.2012 stating that there has been non-compliance and violation of the CBDT’s order in respect of posting of officers on promotion to the grade to JCIT. The CBDT has taken a stern view and threatened that the concerned officer who issued the order and the CCIT (CCA) concerned would be held personally liable
CBDT Spells Out Responsibilities Of Chief & Members
Vide Order No. 170 of 2012 dated 27.08.2012 the CBDT has ordered the distribution of work amongst the Chairman and the Members of the CBDT
CPC To Conduct Workshop To Reconcile/ Rectify Arrear Demands
The CIT, CPC, has informed vide letter dated 21.08.2012 that an amount of Rs. 4800 crores has been collected in respect of disputed demands by way of adjustment of refunds and that there is a need to rectify/ reconcile the …
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Promotion Of Commissioners To Chief Commissioners Of Income-tax + Transfers
Vide Order No. 167 dated 22.08.2012, the CBDT has promoted several officers in the grade of Commissioners of income-tax to the grade of Chief Commissioners of Income-tax in the pay scale of Rs. 67,000 to Rs. 79,000 with effect from the date of assumption of charge of the post and until further orders
Transfers & Postings Of Addl/ Joint/ Deputy & Asst. Commissioners of Income-tax
Vide Order No. 165 dated 17.08.2012, the CBDT has transferred and posted several officers in the grade of Additional/ Joint/ Deputy/ Assistant Commissioners of Income-tax with immediate effect
List Of Addl/ JCITs Selected For “Advanced Mid Career Training Programme” In USA
Vide letter dated 17.08.2012, the CBDT has released a list of officers of the rank of Additional/ Joint Commissioners of Income-tax who have been selected for an “Advanced Mid Career Training Programme” on “Corporate Taxation & Advocacy Skills” which is to be conducted at MDI Gurgaon and Duke University, USA
Transfer Pricing: Notification Of Specified Percentage for S. 92C(2) Second Proviso
Notification No. 31/2012 [F.No. 500/185/2011-FTD I], dated 17-8-2012 In exercise of the powers conferred by the second proviso to sub-section (2) of section 92C of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies that where the …
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Press Release: Judicial Independence Will Not Be Interfered With
In the speech delivered by the Hon’ble Chief Justice of India Shri. S. H. Kapadia on the occasion of the Independence Day, he highlighted the importance of “decisional independence” and “institutional independence” of the Judiciary. He also cautioned the Government that “drafting of laws today is not satisfactory” and suggested that the caution be kept in mind whilst changing the constitutional scheme of things. This was interpreted by some sections as being a criticism of the Judicial Standards and Accountability Bill. To quell the controversy, the Ministry of Finance has released a detailed Press Release
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