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13th
September, 2016
Ms Rani Singh Nair
Chairperson
Central Board of Direct Taxes,
Ministry
of Finance
New
Delhi.
Dear
Madam
Sub:
Direct Tax Dispute Resolution Scheme,
2016
We
write to you on behalf of members of our respective organisations and also on
behalf of the citizens of India at large.
We
wholeheartedly support the initiative of the Government of India for reducing
the huge backlog of litigation by providing a window to the litigants to settle
the matter by paying some amount of tax/penalty/interest and withdraw the
pending appeal(s).
In
principle, the Direct Tax Dispute Resolution Scheme, 2016 is a step in the
right direction for achieving the stated objective. In order to make the Scheme
more successful and thereby reduce the backlog of pending appeals as well as
unblock the massive amounts of disputed tax demands in the country, in the
interest of the tax paying community and in the larger interest of the nation,
we would like to drawn your kind attention to certain issues that arise from
the Scheme. These issues have not been addressed in the clarifications issued
on 12th September.
We
earnestly request you to kindly issue clarifications on these issues at the
earliest. Upon receipt of the same, we shall give it extensive publicity
amongst our members as well as amongst the tax paying community.
Assuring
you and the Government of India our fullest support in the massive nation
building exercise that is in progress,
We
remain,
Yours
sincerely,
Chetan
M. Shah Raju
C Shah
President,
President,
Bombay
Chartered Accountants’ Society Chartered Accountants’ Association – Ahmedabad
Hitesh
Shah Raghavendra
Puranik
President President
Chamber
of Tax Consultants Karnataka
State Chartered Accountants’ Association
Dhruv Seth
President,
Lucknow
Chartered Accountants’ Society
