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Govt cuts ₹16,688 crore in tax disputes after appeal threshold hike
The government withdrew thousands of tax appeals after raising litigation limits. This action reduced disputed tax demand by over sixteen thousand six hundred eighty-eight crore rupees. Appeals were withdrawn from the ITAT, High Courts, and Supreme Court levels. Additionally, many new appeals were not filed by the department. This policy change significantly lowered the overall tax litigation burden.
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thehindubusinessline.com
Disputed tax demand down ₹16,690 cr since hike in monetary limit for filing appeals, LS told
Union Budget 2024-25 boosts tax appeal limits, reducing disputed tax demand by ₹16,690 crore, Parliament informed.
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economictimes.indiatimes.com
Disputed tax demand down Rs 16,690 cr since hike in monetary limit for filing appeals, LS told
Higher monetary limits for tax appeals have reduced disputed tax demand by about ₹16,690 crore, with over 23,000 departmental cases withdrawn or not filed across ITAT, high courts…
