The income tax department is set to further hike monetary threshold to file appeals in appellate tribunals, high courts and Supreme Court after a push from the prime minister's office to cut pending litigation.
The pending cases in the Income tax appellate tribunal (ITAT), HC and SC add to the exchequer's cost. Besides, only about 10% of cases at SC and HC level are decided in favour of the department, and 30% at the ITAT level.
"The litigation cases has come down iver the last two years and we are in process of cutting that down further. The monetary thresholds for filing