Income tax disputes: Govt drops 23,467 appeals under higher tax-effect limits; what taxpayers need to know
New Delhi, Aug. 15 -- The government has withdrawn 5,978 departmental income-tax appeals and decided not to file another 17,489 after raising the monetary limits for pursuing tax disputes before appellate forums. The move has affected cases before the Income Tax Appellate Tribunal (ITAT), High Courts and the Supreme Court.
The figures were disclosed by Finance Minister Nirmala Sitharaman in the Lok Sabha in response to a question on "Ease of Tax Compliance". The government said the higher monetary limits, introduced through a 2024 Central Board of Direct Taxes (CBDT) circular, were aimed at reducing litigation and enabling more efficient management of departmental resources.
According to the government's response, the revised limits hav...
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