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Monetary limits won't matter in organised tax evasion, says CBDT

It has been reported that in many cases, tribunals and high courts have recognised the unique modus operandi involved in such scams, and have passed judgements in favour of the revenue

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CBDT | Central Board of Direct Taxes

Indivjal Dhasmana 

The Central Board of Direct Taxes (CBDT) has permitted tax officials to file appeals against orders in tribunals and courts in case of organised tax evasion — on the basis of merit — even if earlier norms do not permit these filings. Last month, the CBDT had doubled the monetary limits of tax disputes for filing appeals by the income-tax department in high courts and the Supreme Court.

The limits for filing appeals in the Income Tax Appellate Tribunal was more than doubled. However, several references have been received by the board, which state that organised tax-evasion ...

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First Published: Sat, September 07 2019. 01:45 IST
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