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Tax litigations: IT department to write to over 2.59 lakh taxpayers

Tax litigations: IT department to write to over 2.59 lakh taxpayers

In the wake of unleashing a monstrous mindfulness battle for the one-time dark cash consistence window, the duty power will now compose to more than 2.59 lakh citizens to profit advantages of a comparable plan where an expected Rs 5.5 lakh crore is stuck in case.

The ‘Immediate Tax Dispute Resolution Scheme, 2016’ got operational from June 1 and tries to address the issue of pending case before the main redrafting system in the Income Tax office — the Commissioner of I-T (Appeal).

“According to the information overhauled in such manner, there are 73,402 requests with assessment impact above Rs 10 lakh and 1,85,858 claims with expense impact beneath Rs 10 lakh pending before CIT (Appeals) the nation over.