CBDT takes Initiatives for reducing Tax Litigation as a part of its initiatives to reduce grievances of the taxpayers

CBDT takes Initiatives for reducing Tax Litigation as a part of its initiatives to reduce grievances of the taxpayers https://www.taxtmi.com/news?id=15339 Revised monetary limits for departmental appeals increase the thresholds for instituting appeals and are made retrospective to pending matters; pending appeals below the new thresholds may be withdrawn or not pressed. A regional collegium of two senior officers is mandated to consider withdrawal of departmental appeals above the revised thresholds where no question of law is involved, the issue is settled by the Department, or subsequent amendment makes the appeal irrelevant. en-us Wed, 16 Dec 2015 09:48:16 +0530 Wed, 16 Dec 2015 09:48:16 +0530 TaxTMI RSS Generator CBDT takes Initiatives for reducing Tax Litigation as a part of its initiatives to reduce grievances of the taxpayers https://www.taxtmi.com/news?id=15339 Revised monetary limits for departmental appeals increase the thresholds for instituting appeals and are made retrospective to pending matters; pending appeals below the new thresholds may be withdrawn or not pressed. A regional collegium of two senior officers is mandated to consider withdrawal of departmental appeals above the revised thresholds where no question of law is involved, the issue is settled by the Department, or subsequent amendment makes the appeal irrelevant. News - Wed, 16 Dec 2015 09:48:16 +0530 https://www.taxtmi.com/news?id=15339