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Saturday, November 14, 2015

New Chief Justice Of India Is A Tax Expert And Is Familiar With ITAT Working + Supreme Court Invites Suggestions From The Public


 

Dear Subscriber,

Chief Justice Designate T. S. Thakur Is A Tax Expert & Is Well Aware Of The Functioning Of The ITAT

Hon'ble Justice T. S. Thakur, who has been nominated as the Chief Justice of India, has a very soft-spoken, polite and patient demeanour. He is, however, also firm in his approach. He is much respected by the Bar and the litigants. The ITAT Bar Association had the privilege of interacting with the learned Judge during one of his visits to Mumbai. The learned Judge was very impressed to learn of the facilities available in the ITAT Bar Library for the benefit of the professionals and the taxpayers. In particular, he appreciated the fact that the Library has all the books on taxation and general law, including several treatises on foreign taxation law. The learned judge also indicated that he had great admiration for the legal acumen of the late Shri. Nani Palkhivala and his mastery of income-tax law


Supreme Court Invites Suggestions From Public On Measures To Improve The Collegium System For Appointment Of Judges

The Supreme Court has passed an order dated 05.11.2015 in which it has noted that a number of suggestions relating to the Collegium system have already been received. However, as several parties are yet to offer suggestions, the Court has granted time till 17.00 hours on 13.11.2015 to enable everyone to offer suggestions


Regards,

 

Editor,

 

itatonline.org

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Latest:

Pr CIT vs. Samcor Glass Ltd (Delhi High Court)

S. 147/ 148: Dept warned not to harass taxpayers by reopening assessments in a mechanical and casual manner. Pr CIT directed to issue instructions to AOs to strictly adhere to the law explained in various decisions and make it mandatory for them to ensure that an order for reopening of an assessment clearly records compliance with each of the legal requirements. AOs also directed to strictly comply with the law laid down in GKN Driveshafts 259 ITR 19 (SC) as regards disposal of objections to reopening assessment


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