Dispose of appeals of over Rs 50-cr by year-end: CBDT
BY MPOST BUREAU22 July 2018 11:56 PM IST
MPOST BUREAU23 July 2018 5:28 AM IST
New Delhi: Faced with litigation that has assumed "grave proportions", the Central Board of Direct Taxes (CBDT) has directed the taxman to dispose of appeals cases where the tax demand is above Rs 50 crore on priority by the year-end.
"Litigation is not only a cost on the credibility of a tax administration system but also an indicator of the robustness and fairness of a system of
taxation. Litigation has been rising over the years and has now assumed grave
proportions...," the policy-making body for the tax department said in a recently released blueprint for the department.
The Central Action Plan (CAP) for 2018-19 acts as the policy action vision document for the Income Tax Department and is unveiled by the CBDT annually.
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