The Seventeenth Report of the Standing Committee on Finance of the Parliament of India, which was tabled in both Houses of Parliament on April 20, 2005, has recently been published on the web. While the Report considers - and comments and makes recommendations on - the Demands for Grants of the Ministry of Finance for the Financial Year 2005-06, its most interesting part for me is "ANNEXURE-III" thereto, in which are set out, in extenso, the following Instructions issued by the Central Board of Direct Taxes ("CBDT"), in respect of the monetary limits and other conditions for the filing of Appeals and References by the Revenue :
(i) Instruction No 1979 dated 27th March, 2000
(ii) Instruction 1985 dated 29th June, 2000
(iii) Instruction No 6/2003 dated 17th July, 2003 and
(iv) Instruction No 5/2004 dated 27th May, 2004
The Full Text of the Report can be accessed here (PDF).
Thursday, August 04, 2005
17th Report of Indian Parliamentary Standing Committee on Finance on Demands for Grants of Ministry of Finance for Financial Year 2005-06
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