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Over Rs 3 lakh crore in direct taxes, which is more than the annual corporate tax collection, is locked up in litigation at various levels.
While Rs 2.2 lakh crore of revenue was locked up in appeal cases with the Commissioner of Income Tax (Appeals) in 2009-10, the amount involved in litigation at the higher levels was Rs 91,087 crore, said the latest CAG report.
“The amount locked up in appeal cases with CIT (A) was Rs 2.2 lakh crore in 2009-10...”, said the report of Comptroller and Auditor General (CAG).
It added that Rs 2.2 lakh crore locked up in appeals with CIT (A) is equivalent to 66.9 per cent of the revised revenue deficit of the Government of India.
The total amount locked up in such cases was about Rs 3.1 lakh crore, which was more than corporate tax collection of Rs 2.4 lakh crore and about two-and-half times the income tax realisation of Rs 1.32 lakh crore in 2009-10.
According to the norms, each CIT (Appeal) is required to dispose of a minimum of 60 appeals a month and a total of 720 appeals annually.
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