|The Direct Taxes Committee has been receiving emails/ letters from various members seeking opinion on tax related queries.
|It may however be noted that as a matter of policy the Committees of the Institute do not undertake to express any view which would amount to an opinion or interpretation of a statutory provision.
|Further, answering such queries is not a part of the terms of reference of the Committee. Being a statutory body set up under an Act of Parliament, it would not be appropriate for the Institute to give interpretation of legislation.
|Members are requested to take note of the above and refrain from seeking opinions/interpretations, as it may not be possible to respond to each query individually.