“If the monetary threshold for filing appeals is increased and a more pragmatic approach is adopted in picking up cases to be further litigated, it would go a long way in reducing litigation and save time and effort for both the tax payers and the tax administration. Currently, tax tribunals and courts are burdened with pending tax cases and there is a dire need to take some concrete action.”

Vikas Vasal
Partner, Grant Thornton India LLP

This article appeared in Economictimes on 12th July, 2018.