Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

CBDT to expeditious disposal of appeal cases between May 16-31

CBDT

The Central Board of Direct Taxes (CBDT)  has said that it has decided to dedicate the second fortnight of May to fast track disposal of appeal effect and rectification claims of the taxpayers.

Advertisementgreylabs

“All assessing officers during May 16-31 would accord top priority to appeal cases and passing of rectification orders and would also earmark the first half of the day to meet applicants or the counsels who seek to have a hearing to explain their case,” the CBDT said in a letter to field formations.

“Special attention would be given to demands on account of TDS mismatch, and demands disputed by taxpayers in response to proceedings under section 245 of the I-T Act, as these are creating widespread dissatisfaction among taxpayers,” CBDT stated.

Advertisement24th Elets NBFC100 Tech Summit & Awards, Mumbai

As per the Act, the tax authorities can adjust the refund payable to the taxpayer against the past demand due from them.

The CBDT has also organized the similar redressal fortnight in May last year.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

In order to bring down litigation substantially, in July 2018, the government had increased the threshold limit for the CBDT and Central Board of Indirect Taxes and Customs (CBIC) to file appeals in tribunals and courts.

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

TBX Launches B2B Bill Payments on TrustHub Through Bharat Connect for Business

Mumbai, September 22, 2026: TBX, formerly known as TransBnk, has launched its B2B Bill Payments capability on TrustHub… Read more →

Yugal Tiwari Appointed Chief Product and Marketing Officer at BharatPe

Fintech company BharatPe has appointed Yugal Tiwari as its Chief Product and Marketing Officer (CPMO), bringing extensive experience… Read more →

Abhinav Trivedi Appointed MD & CEO of Standard Chartered Capital Limited

Abhinav Trivedi has been appointed as the Managing Director (MD) & Chief Executive Officer (CEO) of Standard Chartered… Read more →

‘Digital Arrests’ Fall 67%, Investment Fraud Emerges as Growing Cybercrime Threat

Mumbai, September 17, 2026: Cybercrime patterns are rapidly evolving, with so-called ‘digital arrest’ scams declining by 67 per… Read more →

State Bank of India Digitises Savings-to-Salary Journey for Existing Customers

State Bank of India (SBI) has launched a digital Savings Account to Salary Account journey in collaboration with… Read more →

novio Partners with Indian Overseas Bank to Launch Co-branded RuPay Credit Card

novio, the consumer credit platform from Credilio Financial Technologies, has announced a strategic partnership with Indian Overseas Bank… Read more →