INITIATIVES TAKEN BY THE ERSTWHILE FISCAL LAWS COMMITTEE DURING THE YEAR 2007-08
(Relating to Direct Taxes)
· Special arrangements for the Union Budget, 2007-08 and coordination for publishing articles on the Budget for the Special Issue of the Journal.
· Workshop on Union Budget – 2007-08.
· Organized tax awareness programmes all over India.
· Thorough analysis of the new income tax return forms and giving suggestions to CBDT. Almost all suggestions accepted.
· Teleconference on “Issues in e-filing of Income tax return forms” wherein senior officials of CBDT gave clarifications on various issues.
· Certificate course on International taxation organized in Mumbai.
· Revision of guidance note on report on International transactions-under process
· Proposal for training programme for ITAT members.
· Presentation of the Pre-Budget memorandum - 2008 in the Ministry of Finance.
· Inputs for the presentation on the topic “ Taxation for Companies in India-Legal and fiscal framework” in Italy