Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: Central Excise rule to resale the machines to a new company :: VAT Audit :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: empanelment :: form 3cd :: list of goods taxed at 4% :: due date for vat payment
General »
 Simplified one page Income Tax Return Form: Changes to keep in mind before filing tax return for AY2017-18
  No proposal to replace Income Tax with Banking Cash Transaction Tax
 GST coming July 1 despite calls for delay: Revenue Secretary Hasmukh Adhia
 Centre introduces provision of taxation on NPS in Income Tax Act
 Income Tax Department Clarifies On Cash Withdrawal From Banks, Post Offices
 The Goods And Services Tax (Compensation To States) Bill, 2017
  Goods and Service Tax (GST) and Real Estate Sector
 New Income Tax Rules On Home Loan Come Into Effect
 Here's how late filers can save on stress and taxes
 Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib ?Kalyan Yojana, 2016
 Companies should invest in upgradation of tax technology

Panel to probe appointments in tax departments
March, 12th 2010

Two sensitive departments handling high-level investigation into money laundering, both within the country and outside, have come under the scanner with the finance ministry setting up a one-man committee to look into appointments at the top level in these organisations after allegations of unfair practices were levelled.

Sources said a number of complaints had been made to the Central Vigilance Commission (CVC) recently alleging that appointments at the Central Board of Direct Taxes (CBDT) were not fair. CBDT is the apex body in the department of revenue in finance ministry and controls all field formations in the Income Tax, including all the directors-general of investigation across the country.

Following this, the finance ministry appointed a committee under P G Mankad, former revenue secretary, to review the selection process for appointment to various posts under the department of revenue.

The other departments that will be reviewed along with the appointments in ED and CBDT include Customs and Excise and the appellate tribunal of forfeited property. The terms of reference of the committee say it has to "identify systemic failures in selection procedure and to suggest changes required for installing a fair, efficient and transparent system in the appointment to these posts."

Sources said Mankad has been interacting with all officials concerned in the department of revenue and is likely to confer with the CVC before submitting his report to the government.

Surprisingly, even as the Mankad committee is to complete its findings and submit the report, the revenue department has submitted a list of 53 probable candidates for the selection of five members in the CBDT.

In December 2008, the department of revenue had amended the recruitment rules to make it a one-year tenure for CBDT chairman. This led to many eligible candidates being left out of the race and juniors being promoted to head the board as those who could have had an 11-month tenure were not considered.

Recently Income Tax and the ED were involved in raids on politicians and many senior IAS officers. The focus was on corrupt babus with residences of at least a dozen top bureaucrats raided in Jharkhand in a money laundering case linked to former CM Madhu Koda. The officials included a former mining secretary, two ex-chairmen of the state electricity board and eight bureaucrats of the stare civil services.

Weeks before that, search operations were carried out on the premises of senior bureaucrats in Madhya Pradesh and Chhattisgarh that unearthed at least 200 bank accounts and hundreds of crores worth of investments made by them.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Work Flow Workflow Software Software Automation Workflow automation Software Design Workflow Design Business Work Flow Workflow automation tools

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions