Budget measures are to ease compliance and reduce litigation: CBDT

The Central Board of Direct Taxes (CBDT) has hailed a series of proposals inthe Union Budget aimed at reducing litigation and enhancing the ease of living for taxpayers.

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These measures include integrating assessment and penalty proceedings into a single process, a move expected to significantly reduce the time and resources taxpayers expend.

Speaking exclusively with ANI, CBDT Chairman Ravi Agrawal stated, “You see in this budget, some very substantial significant proposals are there which aim at reducing litigation going forward because this has been an area of concern.”

He explained that the department has combined the assessment and penalty proceedings intoa single process.

“So immediately the proceedings get reduced to half. So, therefore, now going forward, the assessment and the penalty proceedings would be taken together,” Agrawal added.

CBDT Chairman said, as a result of several administrative measures that have been taken, including putting more officers on the appellate duties this year till January 31, “we have been able to dispose of 40% more appeals” as compared to the corresponding period last year.