Category: ITAT related

Tax Bar Thanks Retiring ITAT Member For Exemplary Service To Cause Of Justice

The Tax Bar has paid rich tribute to an Accountant Member of the Income Tax Appellate Tribunal who retired on 9th August 2018

ITAT Ahd Removes Agony Of Uncertainty To Taxpayers By Dismissing 697 Low Tax Effect Appeals Of Dept

Pursuant to CBDT’s Circular dated 11th July 2018 that appeals of the department before the Tribunal where the tax effect is less than Rs. 20 lakh should not be pressed/ withdrawn, the ITAT Ahmedabad Bench has identified 697 such appeals. Of these 242 appeals have been dismissed as not pressed/ withdrawn by a common order. The CBDT has also issued a directive dated 20th August 2018 by which it has imposed strict time limits for withdrawl of appeals by the Department. All Principal Commissioners have been directed to “personally ensure” that the exercise of withdrawing/not pressing such appeals is concluded latest by 20.08.2018. It may be recalled that even on the earlier occasion, the ITAT Ahmedabad Bench had taken the lead in the matter and dismissed several low-tax departmental appeals in DCIT vs. Soma Textiles & Industries Ltd (2016) 45 ITR (Trib) 0147

CBDT Reveals Game Plan For Tackling High-Demand Appeals In Courts And ITAT

The CBDT has revealed in the Central Action Plan 2018 that the total demand stayed by Courts/ITAT as on 01.04.2018 is a whopping sum of Rs. 87,035 crore. It is pointed out that the appeals have been pending for several years and Departmental Representatives/Counsel are unable to press for disposal in the absence of adequate resources and support from the field formations. In order to tackle the back-log of litigation, the CBDT has formulated a concerted and focused strategy. The CBDT has also stipulated time limits within which the targets are required to be completed

Pending Third Member Matters (As Of 16 July 2018)

This is the official list of the cases pending before the Third Members of the Income Tax Appellate Tribunal as of 16.07.2018

Pending Special Bench Matters (As Of 16 July 2018)

This is the official list of the cases pending before the Special Benches of the Income Tax Appellate Tribunal as of 16.07.2018

CBDT Cracks Whip & Specifies Time Limit For Withdrawal Of Low Tax Effect Appeals. PCsIT Directed To ‘Personally Ensure’ Compliance & Send Report

The CBDT is not content with enhancing the monetary limits for maintainability of appeals of the department. All Principal CsIT have been directed to ‘personally ensure’ that all appeals falling below the specified limits are withdrawn by 20th August 2018. The PCsIT have been directed to send a report giving details of their compliance

After Prime Minister Modi’s Promise, ITAT Circuit Bench At Varanasi Set Up On War Footing Despite Challenge By PIL

A new Circuit Bench at Varanasi has been set up to fulfill the promise made by the Prime Minister Narendra Modi. However, the ITAT Bar Association, Allahabad, has challenged the setting up of the Circuit Bench on the ground inter alia that the pendency at Varanasi is very low and that unnecessary expenditure will be incurred on the infrastructure. It is also claimed that there is an acute shortage of Members at the Allahabad Bench and that a large number of cases are pending therein

ITAT Directive Reg Disposal Of Low-Tax Effect Appeals Of Dept

The ITAT Mumbai Bench has issued an important directive with a view to implementing Circular No. 03/2018 dated 11th July 2018 issued by the CBDT with respect to the dismissal of appeals of the department which are below the prescribed monetary limit

Law Ministry Invites Applications For Appointment To Posts Of Judicial & Accountant Members In ITAT

The Ministry of Law and Justice has issued a Circular dated 6th July 2018 by which it has invited applications from eligible candidates for appointment to the posts of Judicial and Accountant Members in the ITAT. There are 21 posts of Judicial Member and 16 posts of Accountant Member which are available for being filled up

ITAT Bids Farewell To Retiring Vice-President And Accountant Member

ITAT Bids Farewell To Retiring Vice-President And Accountant Member

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