Supreme Court Judges Were Not Appointed On Merit: Ex Supreme Court Judge + Imp CBDT Directives

 

Dear Subscriber,

Supreme Court Judges Were Not Appointed On Merit: Ex Supreme Court Judge

Justice Markandey Katju, the retired judge of the Supreme Court, has made the shocking allegation that some judges of the Supreme Court were not appointed on merit but on extraneous considerations such as caste, nepotism etc. He has given specific instances of such alleged appointments. The learned former judge has also claimed that though he went to Justice S. H. Kapadia (not Chief Justice at that time) to object against the elevation of Justice Dinakaran of the Karnataka High Court to the Supreme Court on the ground that there were serious allegations about him, the concerns were disregarded by the Collegium and Justice Dinakaran's name was cleared (though the appointment was later stalled owing to impeachment proceedings in Parliament).

Justice Katju has suggested that like in the USA, the interview and appointment of Judges should be televised so to prevent any skulduggery. This will ensure transparency and avoid undeserving candidates occupying high judicial positions, he says

CBDT Warns Top-Brass Of Adverse Action If They Don't Pass S. 12AA Orders Within Time Limit

The CBDT has issued Instruction No. 16 of 2015 dated 06.11.2015 in which it has taken a stern view of the fact that the time limit of six months specified in s. 12AA(2) of the Income-tax Act 1961 for passing an order granting or refusing registration under s. 12AA are not being adhered to by the Commissioners of Income Tax (Exemptions). The CBDT has directed the Chief Commissioners to monitor that the Commissioners are adhering to the time limit and to take suitable administrative action in the case of laxity

Imp Notification By Central Government Of 'Tolerance Range' For Transfer Pricing Cases For AY 2015-16

The Ministry of Finance has issued a Notification dated 29.10.2015 in which it is stated that where the variation between the arm's length price determined under section 92C and the price at which the international transaction or specified domestic transaction has actually been undertaken does not exceed one percent of the latter in respect of wholesale trading and three percent of the latter in all other cases, the price at which the international transaction or specified domestic transaction has actually been undertaken shall be deemed to be the arm's length price for Assessment Year 2015-2016

Regards,

 

Editor,

 

itatonline.org

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