Govt. To Withdraw 41% Direct Tax Cases & 18% Indirect Tax Cases

15
07/2018

Govt. To Withdraw 41% Direct Tax Cases & 18% Indirect Tax Cases

In order to reduce the long pending grievances of taxpayers, Government of India has decided to increase the threshold monetary limits for filing Departmental Appeals at various levels, be it Appellate Tribunals, High Courts and the Supreme Court in the following manner :-

Sl. No. Appeal Fora Present limit for filing appeal

(In Rs.)

Enhanced limit

(In Rs.)

1. ITAT / CESTAT 10 lakhs 20 lakhs
2. High Courts 20 lakhs 50 lakhs
3. Supreme Court 25 lakhs 1 Crore

In case of CBDT, 34% of cases will be withdrawn. High Courts –  48%  and Supreme Court – 54% of cases will be withdrawn.

Similarly, in case of CBIC, 16% of cases will be withdrawn.  High Courts – 22%  and Supreme Court – 21% of cases will be withdrawn.

Full News Link:- http://www.pib.nic.in/PressReleseDetail.aspx?PRID=1538352

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