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Panel to help resolve tax disputes
February, 09th 2007
Mr Ramesh Midha, Vice-Chairman, Settlement Commission, urged income-tax assessees to get in touch with the commission to settle their disputes related to tax issues, according to a press release. Addressing a seminar here on Thursday at the Merchant's Chamber of Commerce, Mr Midha said it was a simpler mechanism than other legal settlement processes. Terming the forum as a `pre-bargaining' entity, he said if litigants came to the commission their issues would be settled once for all. He stated that sometimes default was unintentional in which case the commission could help to bail assessees out of trouble.
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