Draft new ITAT rules
propose that no orders shall be passed by ITAT after expiry of 90 days from the
date of conclusion of hearing, further state that every endeavour
shall be made by the Bench to pronounce the
order within 60 days; Draft rules propose e-filing of appeals, provide option
to assessee of hearing the appeal through video conference; Also propose
mandatory listing of stay applications on Fridays, as long as they are filed on
or before Wednesdays; Draft rules empower ITAT to award costs for adjournments,
also provide that the hearing shall not ordinarily be adjourned beyond 5
occasions, except in cases where ITAT deems it appropriate to grant adjournment
thereafter; New rules also permit ITAT to admit Expert’s depositions as
additional evidence
Subscribe to:
Post Comments (Atom)
-
Direct Tax · No change in the rate of corporate tax including surcharge & cess.
-
Buyback is an important provision related to Share Capital of a company. Rule 17 of the Companies Act set out norms for buyback...
-
Particulars in Part 1 and Part 2 of Step-2 of registration form are required to be exactly the same as reported in the TDS statement. Plea...
-
The Input Service Distributor (ISD) mandate, introduced in the Union Budget 2024, will take effect from April 1, 2025, as per amendments to ...
-
In this post, I will discuss Secretarial Standards related to Proxies under SS – 2. Right to Appoint: A Member entitled to attend and ...
-
The Union Budget 2025 introduces significant amendments to transfer pricing (TP) regulations under the Income Tax Act. These changes focu...
-
LEASE-DEED (A brief Introduction) Lease defined. A lease of immovable property is a transfer of a right to enjoy such property, mad...
-
The Income Tax Department has developed the latest JAVA base ITR Forms utility. ITR-1 (Sahaj) and ITR-4S (Subam) JAVA base utility has ...
-
Sr No Due Date Related to Compliance to be made 1 11.02.2025 GST ...
No comments:
Post a Comment