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Govt announces major relief to tax payers involved in litigations

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New Delhi | Thursday, Jul 12 2018 IST
Interim Finance Minister Piyush Goyal on Thursday said the government has given major relief to taxpayers by withdrawing 41 per cent cases in direct taxes and 18 per cent in indirect taxes from various courts.

"The total percentage of reduction of litigation from Ministry''s side will get reduced by 41 per cent. However, this will not apply in such cases where substantial point of law is involved," he said.

Addressing a press conference here, Mr Goyal said besides giving relief, the government has also enhanced limits for filing appeals by Government.

The monetary threshold for filing appeals in tribunals handling income tax as well as customs, excise and service tax disputes has been doubled from Rs 10 lakh to Rs 20 lakh, the Finance Ministry said. In the case of high courts, the monetary threshold is now Rs 50 lakh instead of Rs 20 lakh earlier. In the Supreme Court, the threshold has been increased from Rs 25 lakh to Rs 1 crore.

He said the government 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 to reduce the long pending grievances of taxpayers and to minimise litigations pertaining to tax matters and to facilitate the Ease of Doing Business.

He said it is a major step in the direction of litigation management of both direct and indirect taxes as it will effectively reduce minor litigations and help the Department to focus on high value litigations.

In case of CBDT, out of total cases filed by the Department in ITAT, 34 per cent of cases will be withdrawn. In case of High Courts, 48 per cent of cases will be withdrawn and in case of Supreme Court 54 per cent of cases will be withdrawn.

Similarly, in case of CBIC, out of total cases filed by the Department in CESTAT, 16 per cent of cases will be withdrawn. In case of High Courts, 22 per cent of cases will be withdrawn and in case of Supreme Court 21 per cent of cases will be withdrawn. This step will also reduce future litigation flow from the Department side.

He also lauded the efforts of the government for making India sixth big economy in the world by pushing France to the 7th position.

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