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Declarations for direct tax dispute resolution stand at 12 per cent

Over 4.54 crore ITRs for 2019-20 fiscal (assessment year 2020-21) were filed till December 28 Just two weeks before “Vivad se Vishwas” direct tax resolution scheme ends, the declarations for dispute resolution made from Gujarat stand at a dismal 12 per cent, income tax officials said on Friday. “Over the years, the pendency of appeals filed by taxpayers as well as the government has increased. The number of appeals filed is much higher than the number of appeals disposed. As a result, a huge amount of disputed tax arrears is locked up in these appeals. At present, there are 4.83 lakh direct tax cases pending in various appellate forums,” said Amit Jain, Principal Chief Commissioner of Income Tax and Director General of Income Tax (Investigations), Gujarat.

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