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October 2010

With Rs.75K crore stuck in disputes, Tax Department proposes e-solutions

By Raman Jokhakar
Tarunkumar G. Singhal
Chartered Accountants
Reading Time 1 mins
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New Page 1

5 With Rs.75K crore stuck in disputes, Tax
Department proposes e-solutions


 

The Income-tax Department has proposed a national
e-management system for quick disposal of tax disputes, with more than `75,000
crore, an amount close to a fifth of the Government’s annual direct tax
collections, locked in litigations.

The new system will allow the Tax Department to
make optimum use of its workforce, reduce painful wait for the disposal of tax
appeals and free up resources quickly.

The system would track the entire life cycle of
appeals to ensure expeditious settlement through a more equitable distribution.

More than 1.78 lakh appeals were pending with the
Commissioner Appeals (Income-tax), the first level of litigation, as on February
1, 2010, with amounts locked-up running into several thousands of crores.

(Source : The Economic Times, dated 30-8-2010)

(In our view, the real issues are lack of knowledge
and expertise, productivity and integrity in the Appellate machinery and
non-adherence to the decisions of the Higher Courts leading to repetitive
appeals.)

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