To Reduce Income Tax disputes, A Six -member Panel Is Formed By CBDT

CBDT forms six-member panel to reduce income tax disputes

To determine the efficacy of existing primary litigation mechanism for income tax, taking forward the new government’s resolve to bring down tax disputes , the central board of direct taxes (CBDT) has formed a six-member panel.
An approximate Rs. 4 lakh crore of tax revenue is locked up in legal action.The chair person of the panel will be the Senior Indian Revenue Service (IRS) officer and chief commissioner of the income tax office in Ahmedabad Rani S Nair. Also the panel member includes five other commissioners taken from various field formation of the I-T department. The committee study around 7,000 sample case in the IT-dept’s dispute resolution fora as part of its task.

The apex direct taxes body said that, they have decided to compose a committee to evaluate the efficacy of existing dispute resolution forums of Commissioners I-T(Appeals) and income tax tribunal (ITAT) and to suggest steps to reduce legal action before these fora.

The committee will carry carry out detailed analysis of assessment orders and court appeal orders on various aspects and recommend steps to reduce legal step before CIT (Appeal) according to the terms of references used by CBDT

The CBDT also asked to undertake a study select assessment orders issued by I-T officers across the country under various income groups and a fresh initiative and categories and study select assessment orders to the new committee.

Beginning with an appeal to the commissioner of I-T Appeals called CIT (A), a four stage grievance of redressal and litigation mechanism available to a taxpayer, up to the ITAT and subsequently to the high courts and the Supreme Court.

The CBDT has defined a category include income under Rs. 25 lakh, income between Rs. 25 lakh and Rs. 1 crore, between Rs. 1 crore and Rs 10 crore, and above Rs. 10 crore.


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