Hon'ble Justice Daga complimented the Tribunal & Bar for development of the income-tax law (click for more pics)

The ITAT Bar Association organized a farewell function on 24.2.2011 in honour of Hon’ble Mr. Justice V. C. Daga, Judge, Bombay High Court on his attaining superannuation on 17.2.2011.

The function was well attended by several legal luminaries including Hon’ble Mr. R. V. Easwar, President, ITAT, Hon’ble Mr. D. Manmohan, Vice President, ITAT and other Hon’ble Members of the ITAT. On behalf of the ITAT Bar Association, President Dr. K Shivaram expressed gratitude to each one of them for sparing their valuable time to attend the fare well function.

Dr. K Shivaram pointed out that Hon’ble Justice Mr. V. C. Daga had served the judiciary and nation for more than 11 years and had delivered several land mark judgments on Direct and Indirect Taxes. More than 747 cases were reported in various journals. It was noted that the concept of grouping of matters before Bombay High Court was initiated by Hon’ble Mr. Justice V. C. Daga in the matter of Abdul Gafar A. Nadiadwal vs. ACIT (2004) 267 ITR 488 (Bom) and that it has now become a well-settled practice. Hon’ble Mr. Justice V. C. Daga was complimented for always encouraging young lawyers. He was also complimented for delivering several thought provoking and innovative lectures in the seminars and Moot Court Competition.

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Vide order dated 27.1.2011 passed in pursuance of the consultations of the collegium of the Income Tax Appellate Tribunal consisting of the President and two senior-most Vice Presidents, Shri N.R.S. Ganesan, Judicial Member, Income Tax Appellate Tribunal, Hyderabad Benches, Hyderabad has been transferred, in public interest, in the same capacity to the Bench of the Income Tax Appellate Tribunal at Rajkot with effect from the forenoon of 14th February, 2011.

We wish the Hon’ble Member good luck in his new posting.

The following Order Nos. 22 of 2011 & 23 of 2011 dated 11.2.2011 have been issued by the Central Board of Direct Taxes (CBDT) to promote CIT/DITs as CCIT/DGITs and to direct transfers / postings of CCIT/DGITs.

  CBDT Orders Nos. 22 & 23 of 2011 dt. 11.2.2011 promoting, posting & transferring CCIT & DGITs (159.6 KiB, 2,727 hits)

INSTRUCTION NO. 3/2011 [F. NO. 279/MISC. 142/2007-ITJ], DATED 9-2-2011

Reference is Invited to Board’s instruction No. 5/2008 dated 15-5-2008 wherein monetary limits and other conditions for filing departmental appeals (In Income-tax matters) before Appellate Tribunal, High Courts and Supreme Court were specified.

2. In supersession of the above instruction, it has been decided by the Board that departmental appeals may be filed on merits before Appellate Tribunal, High Courts and Supreme Court keeping in view the monetary limits and conditions specified below.

3. Henceforth appeals shall not be filed in cases where the tax effect does not exceed the monetary limits given hereunder:—

It is clarified that an appeal should not be filed merely because the tax effect in a case exceeds the monetary limits prescribed above. Filing of appeal in such cases is to be decided on merits of the case.

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