Govt to tweak income tax law further to prevent pile-up of disputes

The government has progressively raised the monetary threshold for appeals by the tax department at different levels of resolution to cut down on disputes, among other measures. A third of 510,000 I-T disputes pending for many years were resolved via Vivad Se Vishwas Scheme.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3gfXvZp