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This books deals with the new procedure of assessment of search and seizure cases be it under the provisions of sections 153A, 153B or 153C of the Act which are in vogue since 1-6-2003; or be it under Chapter XIVB of the Act which was in vogue from 1-7-1995 to 1-6-2003; or be it in terms of Chapter XIXA of the Act by the Settlement Commission. A comparative study of the new and old procedure is made to bring out their distinguishing features at a glance.Block assessment procedure threw up many controversies and attracted great deal of criticism. New procedure under sections 153A, 153B and 153C of the Act is an amalgam of the normal procedure of assessment which has been in vogue for decades with certain features copied from block assessments. It is yet to be tested whether implementation of the new procedure would be smooth or hazardous.Procedure of settlement of cases is imminently connected with search and seizure cases. Therefore, provisions of Chapter XIXA have been examined critically and some suggestions have been made for more effective working of these provisions.Law relating to initiation and conduct of searches and survey has got more or less settled over the years. The same, is therefore, given as a back ground material for the procedures which are the primary theme of the book.The book will be immensely useful for the tax administrators, judiciary, lawyers, chartered accountants, consultants and the assessees caught in the net. ISBN: 9788177334951
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Pages : 1406
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