Budget may introduce tax dispute settlement scheme - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Budget may introduce tax dispute settlement scheme

An estimated 500,000 cases have been pending in the courts and quasi-judicial forums for years and it could take a long while before the tax department sees any of the money, assuming it eventually wins. The total value of these disputes is pegged at Rs 7-8 lakh crore, said the people.

from Economy-News-Economic Times
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