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The Economic Times
The Economic Times
National

Disputed tax demand down Rs 16,690 cr since hike in monetary limit for filing appeals, LS told

ITAT Nirmala Sitharaman

New Delhi: The increase in monetary thresholds for filing tax dispute appeals at ITAT, high courts, and the Supreme Court has led to about Rs 16,690 crore reduction in disputed tax demand, Parliament was informed on Monday.

In a written reply to the Lok Sabha, Finance Minister Nirmala Sitharaman gave details of the total number of cases withdrawn/not filed, and the estimated reduction in disputed tax demand due to enhanced monetary limits for filing departmental appeals, from September 17, 2024.

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