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 All Principal CsIT have been directed to ‘personally ensure’ that all appeals falling below the specified limits are withdrawn by 20th August 2018.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.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE / DEPARTMENT OF REVENUE
CENTRAL BOARD OF DIRECT TAXES
NORTH BLOCK, NEW DELHI-110001 Tele : 011-23093621 Fax : 011-23093340
SHABRI BHATTASALI Special Secretary & Member
F.No.279/Misc.M-73/2018-ITJ New Delhi 16th July, 2018
Subject: Withdrawal of appeals in consequent to Circular No.3/2018 dated 11.07.2018 issued by the Board — reg.
Dear Principal Chief Commissioner of Income Tax,
As you are aware, Board has issued Circular No. 3/2018 dated 11.07.2018 enhancing the monetary limits for filing SLPs/appeals before Supreme Court, High Courts and ITAT.
Consequently, SLPs/appeals pending before these fora which are covered by the said Circular are required to be withdrawn/not pressed on priority so that the Department can focus on high value litigations.
2 I, therefore, request you to personally ensure that the exercise of withdrawing/not pressing such appeals is concluded latest by 20.08.2018. A report stating that all such appeals have been withdrawn/not pressed may be sent to the Board in the following format:
Sr. No. Forum No. of appeals pending below the Monetary limit specified in the Circular Tax effect involved in the said appeals
Tax effect involved in the said appeals
1 ITAT 2 HC Total
All the Pr. Chief Commissioners of Income Tax
(Image Credit: ET)
In order to reduce the long pending grievances of taxpayers & to minimise litigations pertaining to tax matters & to facilitate the Ease of Doing Business, the Govt of India has decided to increase the threshold monetary limits for filing Departmental Appeals at various levels.
— Ministry of Finance (@FinMinIndia) July 11, 2018
Excellent move by the CBDT & CBIC…Good to trust those who pay taxes. pic.twitter.com/vg47DRDoWz
— Arun Jaitley (@arunjaitley) July 11, 2018
Government's decision of withdrawing cases and increasing the threshold limit for filing appeals in various courts will improve Ease of Doing Business and Ease of Living. The move will also help in reducing tax litigation. pic.twitter.com/QcTWOLLmMQ
— Piyush Goyal (@PiyushGoyal) July 12, 2018