Pursuant to the strictures passed by the Supreme Court in DIT vs. Citibank N.A. over the delay in filing SLPs, the CBDT has issued a letter dated 04.02.2013 in which it has pointed out that even after conveying the concern of the Board over the inordinate delay in receiving SLP proposals, about 50% of the proposals are received late. The Board has now directed that in cases where the SLP proposals are sent late, the CCIT/DGIT should fix responsibility for the delay and the name of the officer(s) concerned should be specified in the proposal itself.
Click Here For Best Books On Taxation & Law. Upto 60% Off On Select Titles. Free Shipping & Pay On Delivery!