New bench of Tax Appellate Tribunal
The government has approved a new bench under the Tax Appellate Tribunal for quick disposal of appeals in tax-related cases.
The new bench will work in capital Dhaka with other four benches.
Earlier, there were six benches to handle the tax-related cases. Of them, four were in Dhaka, and one each in Chittagong and Khulna.
The formation of the new bench will ease the burden of the Tax Appellate Tribunal, a NBR high official told the news agency yesterday.
According to the existing system, time for the disposal of tax cases will not exceed four months.
Sources in the NBR said a total of Tk 1,700 crore in income tax remained unrealised due to a large number of unresolved reference cases and writ petitions.
Comments