A high-level committee under the Central Board of Direct Taxes (CBDT) to look at all fresh cases of retrospective taxation on indirect transfer of assets - as announced by Finance Minister Arun Jaitley in this year's Budget - might not have a legal backing to issue instructions to assessing officers in specific cases.At present, the Income Tax Act does not allow CBDT to issue instructions or directions to an assessing officer on making a particular assessment or disposing of a case in a particular manner. This will limit the powers of this high-level committee.

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