The Ministry of Finance has announced a substantial enhancement in the limits for filing departmental appeals before the ITAT, Tribunal and Supreme Court. The impact of the new limits is that out of total cases filed by the Department in ITAT, 34% of cases will be withdrawn. In case of High Courts, 48% of cases will be withdrawn and in case of Supreme Court 54% of cases will be withdrawn. The total percentage of reduction of litigation from Department’s side will get reduced by 41%.
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After CCTVs In Court Rooms, Get Ready For Live Streaming Of Court Cases
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Posted in All Information, ITAT related, Others, Procedures/Guidelines, Supreme Court/High Court related
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In the latest move, a Supreme Court Bench, comprising of Chief Justice of India Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud, has agreed in principle that live streaming of court proceedings is permissible and feasible.
CBDT Orders Reg Promotion Of Chief Commissioners & Commissioners Of Income-tax
The CBDT has issued Office Order No. 104 of 2018 dated 6th July 2018 to state that the promotion of several officers in the grade of Commissioner of Income-tax (CIT) (level 14 in the pay matrix of Rs. 1,44,200 – 2,18,200) has been regularized with effect from the date of assumption of charge of the post by them. A similar Order No. 103 of 2018 dated 6th July 2018 has been issued with respect to Chief Commissioners of Income-tax (CCIT)
CBDT Chief Slams High-Pitched Assessment Committee For Inaction – Errant AOs To Be Subject To Transfer & Disciplinary Action
Hon’ble Sushil Chandra, the Chairman of the CBDT, has written an irate letter dated 4th July 2018 to the Principal Commissioners in which he has stated that the ‘High Pitched Scrutiny Assessments Committee’ which was set up amidst much pomp and show, has been a non-starter. The learned Chairman has directed the PCsITs to get their act in order and ensure that the Committee does its work as intended.
The learned Chairman has also directed that AOs who are found guilty of making high-pitched additions on frivolous grounds, non-observance of principles of natural justice, non-application of mind, gross negligence etc should be transferred without any delay and subjected to disciplinary action
CBDT Transfers Joint Commissioners Of Income-tax
The CBDT has vide Office Order No. 102 of 2018 dated 3rd July 2018 ordered the transfer and posting of several officers in the grade of Joint Commissioners of Income-tax with immediate effect and until further orders
CBDT Appoints Top Counsel To Argue International Tax & Transfer Pricing Matters At Generous Fees
The CBDT has issued an order dated 2nd July 2018 by which it has appointed special counsels to represent the Income-tax department in cases relating to International Tax and Transfer Pricing before various judicial fora at Delhi, Bengalure and Mumbai. The Special Counsel are entitled to appearance fees, conference fees and fees for drafting written submissions etc. They are also entitled to reimbursement of Air Expenses (Executive Class) and lodging & boarding expenses
CBDT Chief Cracks Whip At Gross Delay in Tackling Vigilance Complaints Against Tax Officials
Hon’ble Sushil Chandra, the Chairman of the CBDT, has issued a directive dated 13th June 2018 to the Principal Commissioners of Income-tax in which the shocking revelation is made that several vigilance complaints against income-tax officials are pending for several years and no action thereon has been taken. It is also stated that there are virtually no cases in which disciplinary proceedings on account of misconduct have been initiated by the department on its own. This indicates that actions which should have been taken by the department on complaints against Group ‘B’ and Group ‘C’ officers/ officials are not being taken proactively
Transfer Pricing: Draft Amendment To Rule 10CB Regarding Computation Of Interest Income U/s 92CE
The CBDT has issued a draft notification dated 19th June 2018 by which it proposes to amend Rule 10CB of the Income-tax Rules, 1962 in respect of computation of interest income pursuant to secondary adjustment made under section 92CE of Income-tax Act, 1961. The CBDT has invited comments and suggestions from all taxpayers and tax professionals
ITAT En Route To Digitisation: Top Tax Lawyers Explain Impact Of New Appeal Forms
The CBDT has issued a draft notification dated 13th June 2018 proposing amendments to the Form of appeal to the Appellate Tribunal (Form No.36) and Form of memorandum of cross-objections to the Appellate Tribunal (Form No.36A). A tabular chart setting out the proposed amendments is set out. Top tax lawyers have expressed their preliminary views on the subject
Promotions Of Principal CsIT – CBDT Regularizes Promotions
The CBDT has issued an office order no. 90 of 2018 dated 11th June 2018 by which it has regularized the promotion of several officers to the grade of Principal Commissioner of Income-tax (Pr CIT) (level 15 in the pay matrix of Rs. 1,82,200 – 2,24,100) against the panel year 2016-17, with effect from the date of assumption of charge of the post by them
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