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News Maker | Govt Raises Threshold for Filing Tax Appeals | Watch the Panel Discussion | CNBC TV

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Published on Jul 12, 2018

With about Rs 5 lakh crore stuck in litigations, the government has decided to hike the threshold monetary limit for tax department to file appeals in tribunals and courts to bring down litigation by 41 percent, Finance Minister Piyush Goyal said on Thursday. Goyal said the tax department can file appeals in ITAT/CESTAT only if the tax amount involved is Rs 20 lakh or more, up from Rs 10 lakh at present
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