The Hindu Business Line : Tribunal to have 15 benches for direct tax matters

THE Union Government plans to initially establish 15 benches for direct tax matters and 10 benches for indirect tax matters under the proposed National Tax Tribunal (NTT).

Each bench will have two members comprising a judicial member and a technical member.

Informed sources said that the establishment of the tax tribunal is, however, contingent on the sorting out of certain legal issues that have come up before the courts.

The Central Board of Direct Taxes is hopeful of an early resolution to the legal issues.

The National Tax Tribunal Ordinance 2003 had been promulgated by the President on October 16, 2003 for the establishment of a NTT.

The Ordinance provides that appeals against the order passed by the Income-Tax Appellate Tribunal and the Customs, Excise and Service Tax Appellate Tribunal would lie before the tribunal, where a substantial question of law is involved.

An appeal against the order of the tribunal would go to the Supreme Court.

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