The Committee set-up by the Government to examine some of the issues relating to taxation of income of persons engaged in the IT sector is glad to furnish its first report on some of these issues. Its report on the other issues will follow in due course.

While furnishing this report, I must duly acknowledge the role played by its members, namely, Ms. Anita Kapur, DGIT (Administration), Delhi, Ms. Rashmi Saxena Sahni, DIT (Transfer Pricing-i), Delhi and Mr. Dinesh Kanabar, Tax Expert in analyzing the various data and showing a rare commitment and devotion.

I must also acknowledge with gratitude the important role played by the two senior officers of the Department, namely Shri D. Prabhakar Reddy and Shri Sobhan Kar, Addl. Commissioners of Income-tax, in assisting the Committee in its deliberations and bringing into consideration relevant issues from time to time.

N. Rangachary,

Chairman

14th September, 2012

Download Full Text of the Report

Source- http://www.incometaxindia.gov.in/home.asp

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