"income-tax-appellate-tribunal"

The increase in monetary limits for filing departmental tax appeals has reduced disputed tax demand by an estimated Rs 16,690 crore, Parliament was informed. The government also highlighted several reforms introduced over the past 12 years to simplify tax compliance and improve taxpayer services

The Congress MP asserted that by blocking the accounts of the largest opposition party the BJP had caused great damage to Indian democracy.

It was alleged that the accountant member had acquired assets to the tune of Rs 3.51 crore which were disproportionate to his known sources of income.

The commissioner of income tax (exemption) (CIT-E) had threatened to upend the decades-old ownership of Tata Sons by the trusts by alleging that such shareholdings are in violation of the income tax laws.