GS 3:Growth & Development, Planning, Government Budgeting, Inclusive Growth
Taking forward the policy of sound litigation management, the budget provides that, if a question of law in the case of an assessee is identical to a question of law which is pending in appeal before the jurisdictional High Court or the Supreme Court in any case, the filing of further appeal in the case of this assessee by the department shall be deferred till such question of law is decided by the jurisdictional High Court or the Supreme Court, which will greatly help in reducing repeated litigation between taxpayers and the department.
The prolonged tax litigation is hampering genuine resolutions, contract enforcement, failing in attracting foreign investments, and most importantly, clogging the due tax collections, which in turn increases the legal costs to both taxpayers as well the Government. A great extent of coordination between the Government, the Judiciary, and the Taxpayer would pave the way for addressing the ‘Law’s in Ordinate Delays’.
Booth Capturing: Recently booth capturing is in the news because the Election Commission announced re-polling…
India uses the Collegium System to elect and transfer judges for the Supreme Court and…
The Indo-Gangetic-Brahmaputra Plains, nestled between the Himalayas and Deccan Plateau, make up the world's biggest…
The Peninsular Plateau of India is a vast and ancient landmass forming a significant portion…
The Jammu & Kashmir Public Service Commission Kashmir Administrative Services (JKPSC KAS) exam is highly…
If you are thinking about a career with the Gujarat Public Service Commission (GPSC), you…