CBDT raises threshold limit for I-T dept to file appeals in higher forums

The Board hasn’t provided information on reduction of cases due to higher threshold. After the last year’s increase, it has said that the income-tax department would withdraw 34% of cases stuck in tribunal, 48% of those stuck in High Courts and 54% in the Supreme Court.

from The Financial ExpressEconomy – The Financial Express https://ift.tt/2YzxfBh