tax dispute resolution

Direct Tax Vivad Se Vishwas Scheme: File a dispute declaration before Dec 31 or pay 110% of tax demand on Jan 1

Direct Tax Vivad Se Vishwas Scheme: File a dispute declaration before Dec 31 or pay 110% of tax demand on Jan 1

Tax disputes: In the Budget 2024 speech, Union Finance Minister Nirmala Sitharaman unveiled the Vivad Se Vishwas Scheme to assist taxpayers in resolving their tax disputes with the income tax…

Continue ReadingDirect Tax Vivad Se Vishwas Scheme: File a dispute declaration before Dec 31 or pay 110% of tax demand on Jan 1
Deloitte India Survey: 94% of India Inc. calls for simplified tax reforms to boost compliance, reduce litigation

Deloitte India Survey: 94% of India Inc. calls for simplified tax reforms to boost compliance, reduce litigation

As the Finance Ministry undertakes a comprehensive review of the Income Tax Act, a a new survey has revealed that 94% of industry leaders surveyed unanimously agree on the need…

Continue ReadingDeloitte India Survey: 94% of India Inc. calls for simplified tax reforms to boost compliance, reduce litigation
CBDT’s Dispute Resolution Scheme: Know how you can approach e-DRC to resolve your tax disputes

CBDT’s Dispute Resolution Scheme: Know how you can approach e-DRC to resolve your tax disputes

The Income Tax Department has established Dispute Resolution Committees (DRCs) in 18 principal commissionerates as part of the Electronic Dispute Resolution Scheme. The Central Board of Direct Taxes (CBDT) introduced…

Continue ReadingCBDT’s Dispute Resolution Scheme: Know how you can approach e-DRC to resolve your tax disputes