Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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: TDS :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: empanelment :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: VAT RATES
 
 
General »
 Non-performance: I-T dept transfers 245 commissioners
 Income Tax efiling: Tax implications resulting from clubbing of income
 Guidelines for selection of cases for scrutiny during the financial-year 2017-2018-regd
  GST: How companies are gaming the system
 Goods And Services Tax transparency: Elimination of added taxes to boost investment in realty
 In a first, Income Tax department to charge govt official under new benami law
 Income Tax Return Filing: 10 common mistakes people make while filing return of income
 Income Tax efiling: A few essential facts for senior citizens to keep in mind
 Pre-GST discounts get Maharashtra 16% more sales tax in three months
 Here’s how self-employed should efile their taxes
 Advance tax given by individuals in June quarter rises more than 40%

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