Finance Minister asks CBDT to Address the Issue of Unwanted Litigation with axpayers and Realise Locked up Revenue in Appeals https://www.taxtmi.com/news?id=1158 The Finance Minister directed the CBDT to formulate a comprehensive proposal to reduce unwanted taxpayer litigation and to realise revenue locked in appeals, endorsing active use of Mutual Agreement Procedure as an alternate dispute resolution mechanism and recommending strengthening of the Settlement Commission and Dispute Resolution Panels to limit litigation and expedite recovery of contested tax demands. en-us Fri, 11 Jun 2010 14:03:19 +0530 Fri, 11 Jun 2010 14:03:19 +0530 TaxTMI RSS Generator Finance Minister asks CBDT to Address the Issue of Unwanted Litigation with axpayers and Realise Locked up Revenue in Appeals https://www.taxtmi.com/news?id=1158 The Finance Minister directed the CBDT to formulate a comprehensive proposal to reduce unwanted taxpayer litigation and to realise revenue locked in appeals, endorsing active use of Mutual Agreement Procedure as an alternate dispute resolution mechanism and recommending strengthening of the Settlement Commission and Dispute Resolution Panels to limit litigation and expedite recovery of contested tax demands. News - Fri, 11 Jun 2010 14:03:19 +0530 https://www.taxtmi.com/news?id=1158