CBDT issues FY25 interim action plan for tax officers
Business Standard|April 12, 2024
Aim is to ensure focused efforts on tax collections, faster dispute resolution

The income tax department has come out with an interim action plan for the financial year 2024-25, which includes the identification of potential cases of prosecution, wherein there is shortpayment of TDS, and faster disposal of appeals.

The action plan also stipulates timelines for the approval of refunds, identification of cases where seized assets are due for release and release the same by June 30.

It also called for finalisation of compounding proposals pending as on March 31, 2024, and disposal of at least 150 appeals by June 30.

Priority should be given to disposal of the appeals filed prior to April 1, 2020, followed by disposal of appeals filed after April 1, 2020, it said.

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