Steps taken for Reducing Tax Litigations

Reducing Tax Litigations




Loading

Steps taken for Reducing Tax Litigations (from department side)
The government today hiked the threshold limit for tax departments to file appeals in tribunals and courts, which will bring down litigation substantially.
Accordingly, the tax department will file appeals in ITAT/CESTAT if the tax amount involved is Rs 20 lakh or more, up from Rs 10 lakh at present.
Appeals would be filed in High Courts if the tax amount involved in litigation is Rs 50 lakh, up from Rs 20 lakh at present.
For the Supreme Court, the threshold limit has been hiked to Rs 1 crore, from Rs 25 lakh at present.

 

Steps taken for Reducing Tax Litigations




Menu