Monday, 27 June 2011

Tax lawyers for keeping ADR outside NBR

Individuals seeking to appeal with High Court against verdicts by Income Tax Tribunal will have to pay between 25-50 percent of the tax imposed by the court at the time of filing application.

The provision, proposed in the budget for the fiscal year of 2011-12, will create sufferings of taxpayers and aggrieved persons seeking justice, said Bangladesh Tax Lawyers' Association yesterday (June 26).

''It will put an extra burden on those seeking justice from the higher court. It is inhumane and against justice,'' said Golam Sarwar, president of the association.
At a press conference at Dhaka Reporters Unity in the city, the body of tax lawyers and practitioners urged the government to dump the proposal before it is passed this week.
The association also demanded the government keep alternative dispute resolution (ADR) system out of control of the National Board of Revenue (NBR).
The appeal came after Finance Minister AMA Muhith proposed for ADR to settle disputes amicably and promptly under Income Tax, VAT and Tariff acts to cut delays in settlement of tax-related cases, and to create confidence among taxpayers.
The ADR is a legal framework that enables authorities to resolve cases through mutual understanding and across the table negotiations. In the system, both parties compromise on certain aspects to strike a balance.
The government had earlier vowed to establish an ADR mechanism to accelerate the pace of revenue collection and settle tax-related cases pending at courts. At present, around 20,000 NBR-related cases, involving nearly Tk 8,000 crore in revenues, are now pending.
“We are not against ADR, but we want it to be out of control of NBR,” Sarwar told The Daily Star.
If ADR is formed as an independent body or under the law ministry, taxpayers will feel confident, boosting the government's revenue collection, said a paper circulated at the press meet.
Daily Star 

13 comments:

  1. You really make it seem so easy with your presentation but I find this matter to be actually something which I think I would never understand.
    It seems too complicated and extremely broad for me. I
    am looking forward for your next post, I'll try to get the hang of it!

    Also visit my blog post; semenax wiki

    ReplyDelete
  2. Good information. Lucky me I came across your blog by chance (stumbleupon).
    I have saved it for later!

    My web page ... Www.sekoloprojects.org

    ReplyDelete
  3. It's really very complex in this busy life to listen news on Television, so I just use web for that purpose, and take the most recent information.

    My web-site hgh oral spray

    ReplyDelete
  4. Hello, i think that i saw you visited my blog thus i came to “return the favor”.
    I am trying to find things to improve my web site!
    I suppose its ok to use some of your ideas!!

    Also visit my blog :: virility ex indonesia

    ReplyDelete
  5. It's difficult to find experienced people for this topic, but you sound like you know what you're talking about!
    Thanks

    my weblog - altawhite.eklablog.com

    ReplyDelete
  6. If you are going for best contents like myself, only visit this site all the time as
    it provides feature contents, thanks

    Feel free to surf to my page - virility ex

    ReplyDelete
  7. If you desire to improve your knowledge simply keep visiting this website and be updated with
    the latest news posted here.

    Also visit my web-site; http://hanief.blogspot.com/

    ReplyDelete
  8. I absolutely love your blog and find the majority of your post's to be precisely what I'm looking for.
    can you offer guest writers to write content available for you?
    I wouldn't mind composing a post or elaborating on most of the subjects you write with regards to here. Again, awesome weblog!

    My web site ... virility extreme

    ReplyDelete
  9. Hello, all is going sound here and ofcourse every one is sharing facts, that's genuinely excellent, keep up writing.

    My blog post: miroverve

    ReplyDelete
  10. Link exchange is nothing else but it is simply placing the other person's web site link on your page at suitable place and other person will also do same in support of you.

    My blog - venapro website

    ReplyDelete
  11. We stumbled over here from a different page and thought I might as well check things out.
    I like what I see so i am just following you. Look forward to
    looking into your web page again.

    Feel free to visit my weblog ... http://buyproactol.beep.com

    ReplyDelete
  12. My spouse and I stumbled over here different web
    page and thought I may as well check things out. I like what I see so i am
    just following you. Look forward to looking over your web page yet again.


    My weblog; buy uniquehoodia

    ReplyDelete
  13. When I initially commented I clicked the "Notify me when new comments are added" checkbox
    and now each time a comment is added I get several emails with
    the same comment. Is there any way you can remove
    me from that service? Bless you!

    Also visit my site; buy hgh energizer

    ReplyDelete