High Value IT Appeal Cases – Commissioners of Income-Tax (Appeals) were directed to bifurcate the appeals pending with them into four categories. High demand appeals brought forward as on the first day of the financial year involving disputed demand of Rs. 10 lakhs and above, have been identified as the first category for priority disposal. This has resulted in speedier disposal of high demand appeals, thereby unlocking the amounts disputed in such appeals facilitating early realization of the amount involved therein.
Figures of disposal of high demand appeals for the past two years are as follows:
|High Demand Appeals|
|F.Y. 2012-13 (Till September 2012)||11,407|
Disposal of appeals by Commissioners of Income Tax (Appeal) is monitored regularly.
This information was given by the Minister of State for Finance, Shri S.S. Palanimanickam in written reply to a question in Lok Sabha today.