SETTLEMENT COMMISSION LAWYERS IN CHENNAI : The main motive in the setting up the Settlement Commission (hereinafter referred as the Commission) is to create a channel whereby tax litigation can be settled expeditiously and in a spirit of conciliation rather than prolonging them via adversarial attitude.
Corporate Advocates in the best legal firm, Chennai law firm solve many issues in the Settlement Commission. It is not just formed to offer a gateway for tax evaders.
Settlement commissiont is infact, designed to offer a balanced resolution of tax disputes. Mainly it is formulated with a view to avoid lengthy process of litigation. In any case, the prolongation helps neither the department nor the entrepreneur of the Trade and Industry.
Best Corporate legal consultants at Chennai legal forum support legally In the proceedings before the Commission. , In such legal proceedings, there will be no adversaries but only parties to the Settlement.
Advocates for companies in Chennai law forum help the assessee to make an application in such form and in such manner as may be prescribed by the Commission and containing “Full & True” disclosure of his duty liability which has not been disclosed before the proper officer having jurisdiction, the manner in which such liability has been derived, the additional amount of Customs or Excise Duty or Service Tax accepted to be payable by him as also the particulars of excisable goods or import or export goods or taxable services in respect of which he admits short levy.
Legal advice for settlement Commission is valuable in saving huge hard earned money. Company Lawyers for tax litigation at Chennai law forum will help you to save time and money.