withdrawal of small tax demands

Union finance minister Nirmala Sitharaman has directed the Central Board of Direct Taxes (CBDT) to identify and withdraw all the departmental tax appeals that fall below the revised monetary thresholds announced in the Union Budget 2024–25, setting a firm deadline of three months. The move is part of a broader effort to reduce litigation, ease taxpayer burden, and strengthen service delivery through timely resolution.

Income Tax in Media

FM to IT Dept: expedite disposal of disputed tax demands, withdraw below new threshold appeals within 3 months

byAdmin25/06/202525/06/2025

Finance Minister Nirmala Sitharaman on Monday directed the Income Tax Department to accelerate disposal of disputed tax demands. She also asked the department to withdraw all the appeals falling below the new threshold within three months.

Income Tax in Media