Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: due date for vat payment :: empanelment :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: list of goods taxed at 4% :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: TDS :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: cpt :: ACCOUNTING STANDARDS
 
 
Service Tax »
 GDP may slow down if GST implemented in hurry: Tax officials
 Goods and Services Tax: Beyond audit & scrutiny, dual control still a grey area
 India to levy service tax on freight for imports on delivered basis
 Income tax relief must be blended with additional tax measures
 9th GST Council inks breakthrough on dual control over tax payers, rollout deferred to July 1, 2017
 GST rollout uncertainty hits Budget 2017 calculations
 GST now set for July 1 roll-out, dual control hurdle finally over
 Grant of Registration under DVAT and CST
 Do not raise service tax, says Chamber
 Excise, service taxpayers to migrate to GST portal by Jan 31
 Centre, state governments work on formula for 'GST on high seas'

Govt aims to halve pending tax disputes
January, 21st 2016

The government plans to halve pending tax disputes as it looks to make the tax administration citizen-friendly.
Revenue secretary Hasmukh Adhia told TOI that the government was moving to first unclog disputes at the level of tax department's commissioner (appeals), the first port of call for taxpayers, by seeking clearance of low-value cases.

"The entire focus has been on big cases. We are asking the commissioner (appeals) to deal with small cases and bunch similar cases. This will go a long way in reducing pendency. The idea is to reduce litigation by half," Adhia said. He, however, did not elaborate on what are "small cases".

A similar strategy will be adopted for Income Tax Appellate Tribunal (ITAT) and high courts and the Supreme Court too, with bunching of cases being a key area. The revenue secretary said that he discussed the issue with the law secretary, who seems to have endorsed the plan. He added that the Supreme Court too was in favour of bunching of cases to reduce pendency.

Tax litigation is often cited as a major hurdle by both domestic and international investors and the government is taking steps to address the concern. Adhia identified reducing litigation and easier/quicker refunds as focus areas, for which the government has received positive feedback from taxpayers. So far, 1.8 crore refunds for assessment year 2015-16 have been processed, he said. In the past, refunds have been held up for years as the government sought to show healthier finances.
Data released by the government showed that over Rs 5 lakh crore was locked up in disputes at various levels, with some of the cases going back over 10 years. In value terms, over half the cases related to income tax with 30% of the cases involving corporation tax. In terms of various forums where cases are pending, the maximum number and the amount was with ITAT, where the government has simplified the rules. But, a vast majority seemed to be with the commissioner (appeals) across the country.
Top Comment

The government had last month said that it was raising the monetary limit for filing appeals to Rs 10 lakh in appellate tribunal (Rs 4 lakh at present) and Rs 20 lakh in high courts, while deciding to withdraw appeals in the two forums where the new threshold did not apply. "We are monitoring the developments closely for whatever follow up that may be required," Adhia said.
TIMES VIEW

The revenue department's effort to drastically reduce the number of pending tax cases is a welcome step. The simplest way to achieve this is to reduce complexity and ambiguity in tax laws. A low rate of tax with few or no exemptions would go a long way towards minimising litigation on tax matters than any other step. Committees after committees have suggested such a tax structure for years, and it is about time the idea is translated into reality.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Integrated Software Solutions Integrated Software Development Integrated Software Services Integrated Software Solutions India Integrated Softw

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions