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Monday, December 7, 2020

[ACCA_Profs] Download Free E-Book On Reassessment Law, Procedure & Practice - Practical Guide

 

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The following important updates are available at itatonline.org:

Download Free E-Book On Reassessment Law, Procedure & Practice – Practical Guide

Hon'ble Justice Mr. Vineet Saran, Judge of the Hon'ble Supreme Court of India at the Inaugural ceremony of 23rd National Convention of the All India Federation of Tax Practitioners (AIFTP) released the publication of the AIFTP titled "Reassessment law, procedure & Practice – Practical guide". The Conference was hosted virtually from Hyderabad

The said publication is edited by Dr. K. Shivaram, Senior Advocate, and authored by Mr. Ajay R.Singh, Advocate, Bombay High Court who is one of the leading Tax Counsel in the field of Direct Taxes who has more than 20 years of experience.

The said publication is of utmost importance to all the Tax Practitioners and Assesses. On the basis of reported cases it was found that 80% of the Writs which are filed before the various Hon'ble High Court is on the issue arising from Reassessment.

The said publication is divided in to 26 chapters, viz, Procedure to challenge to reassessment notice, Approval and sanction, Notice of reassessment on the basis of Information from investigation wing, Reason to believe etc., Conditions for reopening beyond four years with in four years, sanction by the competent authority, etc.

All the important case laws on the subject of reassessment are discussed. After each chapter practical guide is provided, which can be considered as checklist to tax professionals.

A Subject wise index is prepared which will be serve as a useful reference and also a case laws index which can be used for quick referencing



Regards,

 

Editor,

 

itatonline.org

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Latest:

The Direct Tax Vivad Se Vishwas Act, 2020: CBDT Circular No. 21 Of 2020 – Better Late Than Never

Advocate Shashi Bekal has appreciated the efforts of the CBDT in issuing Circular No. 21 of 2020 and clarifying the several doubts that tax professionals and taxpayers had with regard to The Direct Tax Vivad Se Vishwas Act, 2020. The ld. author has explained the salient points of the Circular in a succinct manner. He has suggested that the CBDT may consider appointing a Centralised Nodal Officer in each city to speedily resolve any incremental difficulties that may arise

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