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Parliament approves Tax Tribunal Bill

Our Bureau

New Delhi , Dec. 7

THE legal decks have been cleared for the setting up of a National Tax Tribunal (NTT), with Parliament approving the National Tax Tribunal Bill 2005.

The Rajya Sabha through a voice vote approved the Bill on Wednesday. The Lok Sabha had already approved this Bill.

Replying to a debate on the Bill in the Rajya Sabha, the Union Law Minister, Mr H.R. Bhardwaj, said the Tribunal was being set up, as High Courts were not able to set up tax Benches due to dearth of tax specialists.

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