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: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: VAT RATES :: VAT Audit :: articles on VAT and GST in India :: list of goods taxed at 4% :: due date for vat payment :: form 3cd :: cpt :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company
 
 
« Direct Tax »
 Can we measure demonetisation’s impact on income tax collections?
 CBDT signs 2 more advance pricing pacts
 Income tax returns: How to calculate income from house property
 CBDT proposes new accounting standards for real estate firms
 1 lakh entities face I-T action as ‘clean money’ drive gains pace
 Here are 4 things to know about how CBDT improves ease of doing business by issuing PAN and TAN within 1 day
 Online platforms make tax filing easy, help fill details automatically
 Delhi HC refuses to stay tax case against Young Indian
 CBDT issues draft ICDS on real estate
 CBDT chairman Sushil Chandra gets one-year extensiona
 Income-tax (9th Amendment) Rules, 2017? - Amendment of Income-tax Rules, 1962 - Prescribing form & manner of exercise of option by the domestic company for the purposes of section 115BA of the Income-tax Act, 1961-reg

Direct taxes panel to discuss procedural snags on Friday
April, 11th 2013

Procedural and administrative difficulties faced by income tax assessees are likely to come up for special discussion at the meeting of the Central Direct Taxes Advisory Committee (CDTAC) slated for Friday.

In the meeting, Finance Minister P. Chidambaram, who heads the CDTAC, is also likely to spell out the way forward on the tax administration reform commission that is proposed to be set up by the Government.

An emerging economy must have a tax system that reflects best global practices, Chidambaram had said in his Budget speech. But, income tax assessees are not happy with the efficacy of the tax system.

Among other things, they would prefer faster processing of refunds, higher interest on delayed refunds and well defined guidelines for stay and recovery matters.

The chiefs of all the three industry chambers – Assocham, CII and FICCI – are expected to submit their views to the panel, as they are members of the committee, it is learnt.

CDTAC was set up to advice the Government on measures for developing and encouraging mutual understanding and co-operation between taxpayers and the Income-Tax Department.

On Friday, the committee will not discuss individual cases or matters relating to the taxation policy of the Government, industry sources said.

The meeting will take up the issues of tax recovery and litigation, the two perennial issues that haunt taxpayers, which arise mostly out of procedures adopted by the Income-Tax Department

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Enterprise Resource Planning Solutions ERP Solutions Enterprise Resource Planning Software Solutions ERP Software Solutions Supply Chain Management Solutions SCM Solutions Supply Chain Management Software Solutions SCM Software Solutions Enterprise Resource Planning Solutions India ERP Solutions India Enterprise Resource Planning Software Solutions India ERP Software Solutions India Supply Chain Management Solutions India SCM Solutions India Supply Chain Management Software Solutions India SCM Software Solutions India

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