Income Tax

Appeals pending with CIT(A) for more than 5 years to be disposed off by 31.03.2020 – CBDT

Income Tax appeals pending with CIT(A) for more than 5 years to be disposed off by 31.03.2020 – CBDT

In a communication addressed to all Pr. CCITs, CBDT has expressed serious concern over non-disposal of appeals pending for more than 3 years and 5 years with CIT(A).

The data provided by ITBA, CBDT noticed that out of opening balance of 31325 of appeals pending for 5 years and more, only 7597 appeals have been disposed of till 30.11.2019.

Accordinly, it has been directed that all such appeals pending for more than 5 years as on 1st April, 2019 must be disposed off without fail by 31st March, 2020.

CBDT has also advised redistribution of appeals within the region to ensure disposal by the above date.

Download CBDT Instruction Click Here >>

Share

Recent Posts

  • Income Tax

Not making available material forming basis of reopening shows AO had prejudged the issue

AO stating that material forming basis of reopening shall be disclosed at the stage of assessment/re-assessment, indicates that the AO…

3 hours ago
  • Income Tax

Reopening conclusion that assessee was “Non-Filer” was non-application of mind – High Court

Reopening conclusion that assessee was “Non-Filer” despite assessee clearly stating in reply that he had filed ITR was non-application of…

4 hours ago
  • Income Tax

HC declined to allow voluminous documents physically in Faceless Assessment

High Court declined to allow production of physical documents by in Faceless Assessment simply because they were voluminous In a…

24 hours ago
  • Income Tax

Prima facie satisfaction u/s 148 can not be a non-existing or incorrect information

The prima facie satisfaction u/s 148 cannot be stretched to a non-existing information or incorrect information - ITAT In a…

2 days ago
  • SEBI

Mutual Funds to value physical Gold and Silver by using the polled spot prices

Mutual Funds to value physical Gold and Silver by using the polled spot prices published by the recognized stock exchanges…

2 days ago
  • bankruptcy

SC allows simultaneous CIRP proceedings against principal debtor & corporate guarantor

Supreme Court allows simultaneous CIRP proceedings against principal debtor and its corporate guarantor, declines to frame any guidelines In a…

2 days ago