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Implementation of the Direct Tax Dispute Resolution Scheme 2016

Income Tax - F .No.279/Misc./M-74/2016-ITJ - Dated:- 19-7-2016 - F .No.279/Misc./M-74/2016-ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 19th July, 2016 To, All Principal Chief Commissioners of Income Tax, Principal Chief Commissioner of Income Tax (IT & TP), Chief Commissioner of Income Tax (Exemptions) Madam/ Sir, Sub: reg. The Direct Tax Dispute Resolution Scheme, 2016 was introduced with effect from 1-6-2016 to address the .....

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sIT (Appeal). Thus, 2,59,260 appellants are eligible for the benefit of this Scheme. Unlike the Income Tax Disclosure Scheme, 2016, the target audience for this Scheme is limited to the above appellants and their representatives. This relatively smaller target group can easily be approached/informed of the benefits of this Scheme by the Designated Authorities being the PCIT/CIT. 3. The following steps have been taken in the matter: i. A proforma has been issued to all the Pr. CCsIT for reporting .....

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Towards the successful implementation of the Scheme, Pr. CCsIT/CCsIT may ensure that:- i. All CsIT (A) peruse the grounds of appeal in each appeal pending before them and draw up a list of cases to be intimated to PCIT/CIT which would be eligible for this Scheme. This may include cases where appeal has been filed against mandatory interest, mandatory fees, covered cases and any other case found fit in the opinion of the CIT (A) to be included in this Scheme. ii. While paying special attention to .....

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. This issues with the approval of Member (A&J). Annexure 'A' To, ___________________ ___________________ Dear Taxpayer, Sub: Direct Tax Dispute Resolution Scheme, 2016 - reg. The Direct Tax Dispute Resolution Scheme, 2016, (Scheme) was introduced with effect from 1-6-2016. The primary aim is to reduce taxpayer grievance and uncertainty caused due to long pending litigation before the Commissioner Income Tax (Appeals). Whereas, litigation before CIT(A) is disposed chronologically and .....

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isputed tax is more than ₹ 10 lakhs, penalty of 75% would stand waived on payment of tax, interest and 25% of penalty levied/leviable. (iv) In the case of a penalty appeal, the same can be resolved on payment of 25%, provided the tax and all interest due have been paid. (v) Immunity from prosecution on the disputed tax would be available. 3. The Scheme, thus, provides a time bound process to resolve pending litigation without any uncertainty of the amount payable, which has been kept at th .....

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39;nable Finance Minister observed that, 'litigation is a scourge for a tax friendly regime and creates an environment of distrust in addition to increasing the compliance cost of the taxpayers and administrative cost for the Government. There are about 3 lakh tax cases pending with the 1st Appellate Authority with disputed amount being 5.5 lakh crores." This scheme offers an opportunity to the taxpayers to resolve pending litigation and to bring clarity and certainty in their tax matte .....

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