Page 2 - Tax Litigation

Cabinet nod to changes in Vivad se Vishwas Bill to reduce tax litigations

The minister hoped that people will take advantage of the scheme to settle the tax disputes before March 31, 2020

Some Budget proposals prone to litigation, may give rise to tax disputes

Tax experts say one of the most dispute-prone proposals is making "fraudulent availing" of input tax credit (ITC), without an invoice or bill, a cognizable and non-bailable offence

Budget 2020: Need for an independent council to mediate with taxpayers

It is important to introduce an efficient dispute resolution mechanism to ease the pain of an overburdened dispute resolution machinery

Taxpayer vs tax dept: Both sides need to make efforts to reduce litigation

There is a tendency of the taxpayer, as well as the tax administrators, to continue with litigation because neither side wants to give up

Amnesty offer for pre-GST litigation

The scheme is attractive, since the tax relief is 40-70% of the amount in dispute

Initiative to curb tax litigation is well begun, but not even half done

Private rulings and settlement of cases after considering the hazards of litigation are some of the measures that have contributed to reducing disputes in other countries

Amount locked up in tax litigation to reduce by Rs 56 bn as govt cuts limit

As of March, 2017, tax disputes worth Rs 7.6 trillion were stuck in various stages of litigation in tribunals, High Courts and the Supreme Court