One of the important recommendations is that the department should treat the taxpayer as a “customer” and have “customer focus” in its attitude, which is totally lacking at present. One of the important “fault lines” identified by the TARC is that there is extreme “risk aversion” amongst the officials with the result that it leads to infructuous tax demands and the filing of frivolous appeals. The TARC has also come down strongly on the rude and arbitrary behaviour of officers and their total lack of accountability. It has noted with regret that taxpayers are totally helplessness against such an attitude and this leads to non-compliance of tax laws
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Transfers Of Hon’ble Members Of The ITAT (May 2014)
Vide Orders dated 29.05.2014 passed pursuant to consultations with the collegium of the ITAT constituting the President and two senior-most Vice Presidents available, the Hon’ble President has transferred 10 Members of the Tribunal with immediate effect in public interest
Eminent Tax Advocates Appointed Finance Minister And Law Minister
We are proud to announce that the appointees to the post of Finance Minister, Shri. Arun Jaitley, and the post of Law Minister, Shri. Ravi Shankar Prasad, are eminent senior advocates who are extremely well versed with income-tax law and …
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Bill To Appoint ITAT Members For 5 Years Will Destroy Independence Of ITAT
A Bill called “The Tribunals, Appellate Tribunals and Other Authorities (Conditions of Service) Bill, 2014” (pdf) has been introduced in the Rajya Sabha. The Bill seeks to regulate the terms of appointment and service of the Members of several Tribunals …
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CBDT To Supervise And Monitor S. 264 Revision Orders Of CIT
S. 264 of the Income-tax Act permits the assessee to make an application to the CIT for revision of orders passed by the AO. The CBDT has issued Instruction No. 11/2014 dated 16.05.2014 stating that there shall be administrative supervision of such revision orders passed by the CIT u/s 264. Guidelines have been laid down which have to be complied with by the CIT
CBDT Order Posting Commissioners And Directors Of Income-tax
The CBDT has vide Order No. 71 of 2014 dated 19.05.2014 ordered the posting of eleven officers in the grade of Commissioner/ Director of Income-tax with immediate effect and until further orders
CBDT Orders Posting Commissioners And Joint Commissioners Of Income-tax
The CBDT has vide Order No. 69 of 2014 dated 16.05.2014 ordered the postings of 47 officers of the grade of Commissioner/ Director of Income-tax. Vide another Order No. 70 of 2014 dated 16.05.2014 the CBDT has ordered the posting of 148 officers promoted to the grade of Joint Commissioners/ Joint Directors of Income-tax
Change In Constitution Of Tax Bench Of Bombay High Court w.e.f 09.06.2014
There will be a change in the constitution of the Tax Bench of the Bombay High Court w.e.f. 09.06.2014
Income Tax Dept Beefs Up Counsel Strength In Bombay High Court
The Income-tax department has, probably in response to the repeated strictures passed by the Courts, appointed 23 advocates to its panel in the Bombay High Court so as to enable better representation of its matters. There are 14 advocates designated as “Senior Standing Counsel” and 9 advocates designated as “Junior Standing Counsel”.
CBDT Announces Ambitious National Judicial Reference System Project
The CBDT has announced the setting up of a “National Judicial Reference System” (NJRS). The NJRS comprises of two components, the “Appeals repository and Management System” and the “Judicial Research and Reference System”.
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