Pending Tax Disputes
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Government Allows Taxpayers To File Pending Cases Applications Till September 30
The Finance Ministry has given time till September 30, 2021 to taxpayers for filing applications before the Interim Board of Settlement.
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Lok Sabha Unanimously Passes Bill To Settle Pending Tax Disputes
The Lok Sabha today passed without a debate a new law that aims to settle pending tax disputes, as the House functioning continued to remain paralysed over Delhi violence in Delhi.
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Rs 9 lakh Crore Locked In Direct Tax Disputes
As on November 30 2019, there are around 5 lakh cases pending at various levels with disputed tax arrears.
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Tax Dispute Scheme Gets Tepid Response, Garners Rs 1,200 Crore
Finance Minister Arun Jaitley in his budget for 2016-17 announced the Direct Tax Dispute Resolution Scheme that sought not just to settle disputes in retrospective taxes, but end nearly 2.6 lakh pending tax cases.
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Government Extends Deadline For Tax Settlement Scheme
The Direct Tax Dispute Resolution Scheme seeks not just to settle disputes in retrospective taxes, but end nearly 2.6 lakh pending tax cases where Rs 5.16 lakh crore are locked in.
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Tax Department Sends SMS, Emails To Appellants On Resolution Scheme
With over Rs 5.16 lakh crore locked up in tax disputes before Commissioners, the revenue department has started sending emails and SMSes to assessees, asking them to avail of the ongoing one-time dispute scheme which will close by December end.
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Taxman To Come Up With FAQs For Settling Tax Litigation
The tax department will soon come out with a set of frequently asked questions (FAQs) with regard to the Dispute Resolution Scheme as it seeks to settle over 2.59 lakh appeals pending with Income Tax Commissioners.
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Finance Minister Arun Jaitley Confident of GST Rollout by 2016
Finance Minister Arun Jaitley today expressed his confidence that the new goods and services tax (GST) regime will roll out from next fiscal despite the pending issues regarding direct tax.
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Resolution of 3 Pending Tax Disputes in Works: Jaitley
The government is keen on early resolution of the three pending tax disputes - involving foreign giants Vodafone, Cairn and Shell - and the best way to get an expeditious disposal is being worked out, Finance Minister Arun Jaitley said on Sunday.
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Resolution of 3 Pending Tax Disputes in Works, Says Arun Jaitley
The government is keen on early resolution of the three pending tax disputes -- involving foreign giants Vodafone, Cairn and Shell -- and the best way to get an expeditious disposal is being worked out, Finance Minister Arun Jaitley said today.
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Government to Address Some Pending Tax Disputes Within Days: Jaitley
Earlier this month, the finance ministry decided not to press claims for a Minimum Alternate Tax (MAT) against foreign portfolio investors.
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A Whopping Rs 1.45 Lakh Cr Stuck Due to Tax Disputes: Government
o address issue of pending cases at ITAT, Jaitley said, the limit of total income of cases that may be decided by single member bench of tribunal has been increased from Rs 5 lakh to Rs 15 lakh.
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Vodafone CEO to visit India in December, may meet Chidambaram: report
Pending the settlement of its Rs 11,200 crore tax dispute with authorities here, UK-based telecom giant Vodafone's chief executive Vittorio Colao is scheduled to visit India in the first week of December and is expected to meet Finance Minister P Chidambaram and several senior officials, according to a source.
-
Government Allows Taxpayers To File Pending Cases Applications Till September 30
The Finance Ministry has given time till September 30, 2021 to taxpayers for filing applications before the Interim Board of Settlement.
-
Lok Sabha Unanimously Passes Bill To Settle Pending Tax Disputes
The Lok Sabha today passed without a debate a new law that aims to settle pending tax disputes, as the House functioning continued to remain paralysed over Delhi violence in Delhi.
-
Rs 9 lakh Crore Locked In Direct Tax Disputes
As on November 30 2019, there are around 5 lakh cases pending at various levels with disputed tax arrears.
-
Tax Dispute Scheme Gets Tepid Response, Garners Rs 1,200 Crore
Finance Minister Arun Jaitley in his budget for 2016-17 announced the Direct Tax Dispute Resolution Scheme that sought not just to settle disputes in retrospective taxes, but end nearly 2.6 lakh pending tax cases.
-
Government Extends Deadline For Tax Settlement Scheme
The Direct Tax Dispute Resolution Scheme seeks not just to settle disputes in retrospective taxes, but end nearly 2.6 lakh pending tax cases where Rs 5.16 lakh crore are locked in.
-
Tax Department Sends SMS, Emails To Appellants On Resolution Scheme
With over Rs 5.16 lakh crore locked up in tax disputes before Commissioners, the revenue department has started sending emails and SMSes to assessees, asking them to avail of the ongoing one-time dispute scheme which will close by December end.
-
Taxman To Come Up With FAQs For Settling Tax Litigation
The tax department will soon come out with a set of frequently asked questions (FAQs) with regard to the Dispute Resolution Scheme as it seeks to settle over 2.59 lakh appeals pending with Income Tax Commissioners.
-
Finance Minister Arun Jaitley Confident of GST Rollout by 2016
Finance Minister Arun Jaitley today expressed his confidence that the new goods and services tax (GST) regime will roll out from next fiscal despite the pending issues regarding direct tax.
-
Resolution of 3 Pending Tax Disputes in Works: Jaitley
The government is keen on early resolution of the three pending tax disputes - involving foreign giants Vodafone, Cairn and Shell - and the best way to get an expeditious disposal is being worked out, Finance Minister Arun Jaitley said on Sunday.
-
Resolution of 3 Pending Tax Disputes in Works, Says Arun Jaitley
The government is keen on early resolution of the three pending tax disputes -- involving foreign giants Vodafone, Cairn and Shell -- and the best way to get an expeditious disposal is being worked out, Finance Minister Arun Jaitley said today.
-
Government to Address Some Pending Tax Disputes Within Days: Jaitley
Earlier this month, the finance ministry decided not to press claims for a Minimum Alternate Tax (MAT) against foreign portfolio investors.
-
A Whopping Rs 1.45 Lakh Cr Stuck Due to Tax Disputes: Government
o address issue of pending cases at ITAT, Jaitley said, the limit of total income of cases that may be decided by single member bench of tribunal has been increased from Rs 5 lakh to Rs 15 lakh.
-
Vodafone CEO to visit India in December, may meet Chidambaram: report
Pending the settlement of its Rs 11,200 crore tax dispute with authorities here, UK-based telecom giant Vodafone's chief executive Vittorio Colao is scheduled to visit India in the first week of December and is expected to meet Finance Minister P Chidambaram and several senior officials, according to a source.
