Tag Archives: Litigation

Fresh panel of CBEC to handle Indirect tax litigation in various High courts

By | June 11, 2016

F.No.278A/21/2015-Legal Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs (Legal Cell) New Delhi 9th June 2016 Related Post Litigation Management and Dispute Resolution measures of CBEC CBDT clarifies provisions of the Income tax for reducing litigation and easing burden of compliance Committee Recommendation to curb litigation of Income… Read More »

Committee Recommendation to curb litigation of Income tax

By | January 18, 2016

Source INCOME TAX SIMPLIFICATION COMMITTEE REPORT EXECUTIVE SUMMARY Recommendations to check or curb litigation /facilitate speedier disposal (a) Amendments to provide that in cases where shares are shown as capital assets and held for one year or less, the Assessing Officer will not re-characterise the surplus on sale as business income, provided the surplus in… Read More »