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English Release 21-October 2014
Date Month Year
  • President's Secretariat
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  • India Won 2 Gold, 1silver & 3 Bronze at 2nd Asian Para Games 2014 on 20th October, 2014
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Previous Date

 
Ministry of Finance07-December, 2012 18:21 IST
High Value IT Appeal Cases

 

            Commissioners of Income-Tax (Appeals) were directed to bifurcate the appeals pending with them into four categories.  High demand appeals brought forward as on the first day of the financial year involving disputed demand of Rs. 10 lakhs and above, have been identified as the first category for priority disposal.

 

            This has resulted in speedier disposal of high demand appeals, thereby unlocking the amounts disputed in such appeals facilitating early realization of the amount involved therein.

 

            Figures of disposal of high demand appeals for the past two years are as follows:

 

 

High Demand Appeals

F.Y. 2010-11

20,770

F.Y. 2011-12

21,805

F.Y. 2012-13 (Till September 2012)

11,407

 

      Disposal of appeals by Commissioners of Income Tax (Appeal) is monitored regularly.

 

 This information was given by the Minister of State for Finance, Shri S.S. Palanimanickam in written reply to a question in Lok  Sabha today.

 

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(Release ID :90209)

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