The Committee will 'examine the assessment orders, appellate orders and scrutiny report for the appeal to the ITAT related to orders. . . and give its recommendations for different income groups, separately for corporate and non- corporate assesses", CBDT said.
The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis.
A powerful car bomb exploded outside a Shiite imambargah at a busy market.
Pushing people to litigation is a major source of tax uncertainty.
'The size or economic potential of no event can be a valid excuse to break the law of the land.'
The Tamil Nadu government welcomed the decision, hailing it as a 'grand victory for the 'Amma (Jayalalithaa) government' and the state's farmers'.
It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
The scam has offered Lalu Prasad an opportunity to point fingers at Nitish Kumar and Sushil Kumar Modi.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
The Group of Ministers constituted for the creation of a separate state of Telangana on Wednesday discussed the sharing of river water and irrigation resources in Andhra Pradesh after the state's bifurcation, but failed to arrive at a resolution.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
'The significance and timing of the PM's start of the campaign journey from Silchar is a clear message that the Barak valley is a priority in his scheme of things,' notes Subimal Bhattacharjee.
Unique Identification Authority of India said the alleged data breach took place on a website that does not belong to it.
The Supreme Court imposed a green tax on trucks destined for other states but wanting to take a shorter route through Delhi.
'I will say all this happened because of ignorance coupled with arrogance,' says G Madhavan Nair.
The Sensex ended below 28,000 for the second straight day at 27,869.
'When Modi was having his maiden meeting with Donald Trump, China is up to its old tricks again, by causing a distraction on the Doklam plateau,' says B S Raghavan, the distinguished civil servant.
'A President who is a living embodiment of high principles can tone up the entire national fabric,' says B S Raghavan, the distinguished civil servant.
'I can assure you the Ganga will be more polluted in 2030 than it is now.' 'What they are trying to do now is clean the Ganga without understanding how to do so.'
"They call me the Class 10 vice-chancellor," he says as his thin lips flirt with a smile. You almost feel that the tall man of spare build is being facetious. And then you see that his deep set eyes are not twinkling. There is a sense of the combative in them.
The government has provided a long-term vision.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
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It depends on the assessing officer's interpretation. To be on the safe side, have a separate trading account.
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