Income Tax, News
Roadmap to Minimize Litigation and Strengthen Litigation Management
Jan
Roadmap to Minimize Litigation and Strengthen Litigation Management. Recently Income Tax Department Uploaded Most Important Reports on ” Minimize Litigation and Strengthen Litigation Management“. Name of Both Reports is…
- The Committee to Study the Appellate Orders to Examine the Filing of Appeals by the Income Tax Department before Various Forums – 2014
- Comprehensive Roadmap to Minimize Litigation and Strengthen Litigation Management – Report of Committee constituted by CBDT – 23rd September 2016
Please Check more details about these reports and Download Both Reports in PDF Format Form Below link….
Roadmap to Minimize Litigation and Strengthen Litigation Management
Report 1 –
The Committee to Study the Appellate Orders to Examine the Filing of Appeals by the Income Tax Department before Various Forums – 2014
The levy of Income Tax leads to litigation in all countries. India, in recent years, is experiencing a major problem of tax disputes. This involves high volumes of litigation challenging tax assessments. The large number of tax litigations leads to over burdening of the judiciary and consequential delay in resolving these disputes.
For the tax payer, it adds to the cost of compliance and could also become a barrier to compliance. Tax litigations add stress to budgetary collections. Protracted tax litigation can also be a deterrent in creating a favorable economic climate, both by way of litigation costs and uncertainty created regarding the incidence of tax. A backlog of tax cases signals difficulties in doing business which drives away investment.
Please note – we are not able to able to provide full report on “The Committee to Study the Appellate Orders to Examine the Filing of Appeals by the Income Tax Department before Various Forums – 2014” So Please Download Full Report From Below Link…
Click Here to Download Full Report on “The Committee to Study the Appellate Orders to Examine the Filing of Appeals by the Income Tax Department before Various Forums – 2014
Report 2 –
Comprehensive Roadmap to Minimize Litigation and Strengthen Litigation Management – Report of Committee constituted by CBDT – 23rd September 2016
Litigation is an inherent component of any modern tax administration as it provides an opportunity to correct procedural, factual, legal errors and also helps in crystallizing the law. Hence, litigation per se is not a cause of concern. What is of concern is the quantum of appeals, quality of issues litigated and the actual conduct of litigation. for more details about these reports, please download
Increasing economic activity in the country, opening up of the economy to international transactions, rising incomes, complexities in commercial transactions etc. have given rise to complexities in tax administration as well as varied interpretations of the tax law, resulting in increase in litigation
Please note – we are not able to able to provide full report on “Comprehensive Roadmap to Minimize Litigation and Strengthen Litigation Management” So Please Download Full Report From Below Link…
Click Here to Download Full Report on Comprehensive Roadmap to Minimize Litigation and Strengthen Litigation Management
Other Latest News on Taxation
- Cash Transactions Reporting under Rule 114E of IT Rules, 1962
- TAN Registration, Online Application, Documents, How to apply for TAN?
- Download Latest Income Tax Return Forms – ITR Forms
- Tax Audit in India – Turnover Exceeds above Rs. 50 Lakhs/ 1 Crore
- Deemed profit u/s 44 AD reduced from 8% to 6% for digital transaction
- PMGKY Scheme, Pradhan Mantri Garib Kalyan Deposit Scheme, 2016