TIOL-DDT 31 · Thursday, 13 January 2005 · story 4 of 4

NTT Bill goes to standing Committee

Revenue officials who hoped for a cosy parking place after retirement in the National Tax Tribunal were terribly disappointed with the Bill presented in the Lok Sabha as they found that their expected slot was missing in the Bill. The Bill did not provided for any technical member post in the Tribunal and that meant senior about–to- retire-revenue officers had no place in the Tribunal. Now everything is not lost. The Bill has been referred to the Parliamentary Standing Committee for examination and report.

The Committee has decided to invite written memoranda containing suggestions/views/comments of individuals / institutions/organisations, etc. interested in the subject matter of the Bill. Memoranda to the Committee may be sent in duplicate (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, indicating whether they would also be interested in giving oral evidence before the Committee.

Wouldn't it be nice if you could own a large share of every business in the country, with no work or investment - just like the IRS?

Until tomorrow with more of DDT

Have a Nice Day