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Representation
Representation
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Bombay Chartered Accountants’ Society
7, Jolly Bhavan No. 2, New Marine Lines,
Churchgate, Mumbai-400020.
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The Chamber of Tax Consultants
3, Rewa Chambers, Ground Floor,
31, New Marine Lines, Mumbai-400020.
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Honourable Governor,
Reserve Bank of India.
Dr. D. Subbarao, Central Office,
Mumbai-400001.
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Date
: 27th October, 2009
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Respected Sir,
Re : Our Meeting on 21st October 2009 with CGM.Compounding
Procedures and Sums.
This is to sincerely thank you for the patient hearing granted
by Shri Salim Gangadharan, Chief General Manager on 21st October 2009. We had
a free and frank exchange of views.
We appreciate the opportunity granted to us to suggest and
submit proposal to alleviate hardships and at the same time achieve RBI’s
objectives.
We will prepare a proposal for compounding policies and
procedures including amnesty proposal. Two cases of injustice to the
applicants have been discussed. More than the events, the policy approaches
which have caused injustice need to be identified and reviewed.
We will also submit our proposals on some of the Master
Circulars, cases of difference between Government view and RBI view; and
related matters.
With warm regards,
Yours sincerely,
For Bombay Chartered
Accountants’ Society
Mr. Ameet Patel
President |
For The Chamber of Tax Consultants
Mr. K. Gopal
President |
Copies with compliments to :
Deputy Governor, Chief General Manager, and Chief General Manager MRO.
