suggestions invited on the national tax tribunal bill, 2004

Friday, December 31, 2004

The National Tax Tribunal Bill, 2004, was introduced in the Lok Sabha and is pending. It has been referred to Department Related Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice, headed by Shri E.M. Sudarsana Natchiappan, M.P. for examination and report.

The Bill seeks to establish a National Tax Tribunal to hear cases on substantial question of law from the decisions of the Income Tax Tribunal and the Customs Excise and Service Tax Appellate Tribunal with a view to speed up disposal of taxation cases pending before High Courts.

The Committee has decided to invite memoranda containing views of individuals/organizations, interested in the subject-matter of the Bill and to hear oral evidence on the subject.

Those desirous of submitting Memoranda to the Committee may send two copies (either in English or Hindi) to Shri Surinder Kumar Watts, Deputy Secretary, Rajya Sabha Secretariat, 007, Ground Floor, Parliament House Annexe, New Delhi-110001 (Tel: 23034262 and Fax 23013917) within fifteen days of publication of this advertisement, indicating whether they would also be interested in giving oral evidence before the Committee.

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

The Bill was published in the Gazette of India, Extraordinary, part II, Section 2, dated the 1st December, 2004. Its copies can be had on written request to the above-mentioned officer. Its electronic text is also available on the official website http://rajyasabha.nic.in by clicking the option "Bills with Committees".