Monday, 21 January 2019

CBDT: Gives Jan 31st ultimatum for withdrawal of ‘low-tax’ effect appeals

CBDT orders completion of withdrawal of Departmental ‘low-tax’ effect appeals from ITAT and HC by January 31st, in pursuance to circular no. 3 of 2018 [substantially enhancing the monetary limits for filing appeal]; Provides status of appeals withdrawal as on January 15th,highlights 0% pendency for withdrawal of identified appeals from HC in CCA regions – Delhi & Mumbai, whereas CCA regions Bhubaneswar & Guwahati show 100% pendency; While Delhi once again leads on appeals-withdrawal from ITATs with 0% pendency, however Kolkata, Jaipur & Guwahati show over 50% pendency; Thus, CBDT remarks that, “substantial scope of withdrawal of identified appeals exists”; Calls for immediate efforts for completing the appeal withdrawal process. 

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