New Delhi, Sep 25 (UNI) The government today said it has reconstituted a Central Direct Taxes Advisory Committee (CDTAC) for 2008-2010, which will advice for developing co-operation between tax payers and Income Tax Department.
The Committee will also advice on removing administrative and procedural difficulties of a general nature.
Finance Minister will be the Chairman and the Minister of State (Revenue) will be the Vice-Chairman of the Committee, an official statement said here.
The Committee will have three official and 16 non-official members.
The official members will be Secretary, Department of Revenue and Chairman and Member (Revenue), Central Board of Direct Taxes.
The non-official members include four Members of Parliament (two each from Rajya Sabha and Lok Sabha) and twelve representatives from the field of Advocates, Chartered Accountants, Economists, Management Experts and Representatives of Trade, Commerce and Industry from four zones of India.
The term of office of non-official members will be two years.
The Committee will meet twice in every year for the first time between October and December and for the second time between April and June.
UNI MP SG VC1756