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IAS Association condemns attack on Delhi Chief Secretary; demands immediate actionICAI removes name of O P Tulsyan from register of Members for five years in compliance with Allahabad HC orderST - Supreme Court agrees with Larger Bench CESTAT decision in Bhayana Builders - Revenue appeals dismissedCabinet clears bills on illicit deposit & chit funds regulations (See 'TIOLCorplaws')Cabinet nod for Tribunal on river disputeCabinet nod for bus bay near Indian Defence UniversityCabinet nod for coal mining methodologyCabinet okays Indo-Moroccan railway pactFive IRS officers appointed as CESTAT Members - Sanjiv Srivastava (Mumbai) + P Anjani Kr (Mumbai) + P Venkata Subba Rao (Hyderabad) + Bijay Kr (Delhi) + C L Mahar (Delhi)CBDT issues transfer order of four CITsI-T - Incriminating evidences obtained prior to date of search, cannot be roped in to make additions in case of unabated assessments: ITATPNB scam should pave road for financial transparencyBurdensome registration requirement under GST law be done away withST World Bank and International Finance Corporation are part of United Nations, therefore, there is no need to resort to definition of International Organization for extending benefit of notification 16/2002-ST: CESTATAnti Profiteering Application - An analysisCX - Merely on basis of statement given by one employee to police that raw materials worth Rs.2 crore were destroyed in fire, same cannot be taken as gospel truth: CESTATGovt keen to make agri schemes 'income-centric' rather than 'production-centric': MinisterKolkata DRI seizes 12.4 kg elephant tusk being smuggled from Assam to NepalDigital India successing becoz of people's pull: PMFish eats plastic & humans eat fish - serious health hazard: MinisterI-T - When assessee was only a licensee, not having exclusive rights over a property, vide unregistered document, it cannot claim to be owner of property for purpose of Sec 22: HCRailways relaxes upper age limit for Group C postsNo GST is leviable on goods sold/transferred while remaining in Customs bonded warehouseLeviability of IGST and as well as Compensation cess under Customs ActAG expresses concern over CBEC cases being dismissed by SC on ground of delayTime to shift focus from acronyms to gaps in performanceGST - Industry reports cumbersome procedures & high cost of compliance
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NO. 32/1/2/2005/FC

Fax No. : 23010756

NEW DELHI - 110001
Dated : September 8, 2005

From :
R.K. Jain
Deputy Secretary


Shri Shailendra Kumar
Managing Editor, Pvt. Ltd
B-XI/8183, Vasant Kunj,
New Delhi

Subject : Examination of the Taxation Laws (Amendment) Bill, 2005.

I am directed to state that in connection with the examination of the Taxation Laws (Amendment) Bill, 2005 which has been referred to them (copy enclosed), the Standing Committee on Finance have sought the views and suggestions of exports and other Institutions on the provisions of the Bill. You are, therefore requested to send your valuation views and suggestions on the provisions of the Bill in the form of a memorandum to this Secretariat latest by 10th September, 2005 for consideration of the Committee.

2. The memorandum which might be submitted to the Committee would form part of the records of the Committee and would be treated as strictly confidential and would not be circulated by anyone, as such an act would constitute a breach of privilege of the Committee.

3. You are also requested to send a list of advocates/other professionals with proven expertise in the field of taxation, who could be contacted in connection with the examination of the Bill and would be willing to appear before the Committee.

(Deputy Secretary)
Tel No. : 23034332
Fax No. : 23010756