On the issue of retrospective tax amendment on which Shome Committee had submitted its report, he said, “The CBDT has given its views. I have taken decisions at my level. The drafting is going on. Again it will go to the PMO and then to the Cabinet.” Referring to the Direct Taxes Code, a bigger matter, he said, “We have now started work. This morning I spent two hours on that. Earlier, I spent several hours. We are looking at it. We have tabulated it...will take final decision.”
THE OLD SETTLERS OF SIKKIM....................e.newsletter of the old settlers living in Sikkim prior to its merger with India who have a history of 130 years in Sikkim: .....Editor: S K Sarda
Sunday, November 18, 2012
Current update on Direct Tax Code
On the issue of retrospective tax amendment on which Shome Committee had submitted its report, he said, “The CBDT has given its views. I have taken decisions at my level. The drafting is going on. Again it will go to the PMO and then to the Cabinet.” Referring to the Direct Taxes Code, a bigger matter, he said, “We have now started work. This morning I spent two hours on that. Earlier, I spent several hours. We are looking at it. We have tabulated it...will take final decision.”
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