Tuesday, 12 February 2019

CBDT: Forms Committees to examine suggestions/issues on litigation management including International Good practices

CBDT constitutes a 5-member Committee to examine suggestions / issues on litigation management emerging out of the Judicial conference on Litigation Management held in January, 2019 and to report on the solutions / way forward; Committee to also - i) examine the cases where ITAT has passed perverse or irregular orders, ii) examine feasibility of creation of separate bench of ITAT for International tax at places where the pendency of such cases is high, iii) examine suggestion of reviving institution of Junior DRs in view of shortage of DRs in ITAT; CBDT also constitutes a 4-member Committee to examine International good practices on Tax Litigation management; Requires both the committees to submit their report within a month’s time 

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GST Not Leviable on Transfer of Leasehold Rights of MIDC Plots: SC Dismisses Revenue’s SLP

  In a significant development, the Supreme Court has dismissed the Revenue’s Special Leave Petition (SLP) challenging a Bombay High Court (...