The Income Tax Apellate Tribunal (ITAT) of Ahmedabad is set to get a new bench to hear cases on matters of international taxation. Followed by Delhi and Mumbai this will be the third bench of international taxation in the country. ITAT Ahmedabad already has four benches. The new bench on international taxation will begin day-to-day hearing of cases from Monday (June 6).
Around 25 major appeals of tax are pending with the Dispute Resolution Panel (DRP). These 25 cases involve two individuals and 23 companies, including big business houses from Gujarat, as well as MNCs which have interests in pharmaceutical, petrochemical, healthcare and engineering sectors.The DRP deals in cases related to law pertaining to double taxation, international taxation and transfer-pricing.
Overall, more than 12,000 tax cases, the third-highest in the country, are pending with the ITAT in Ahmedabad. In total, there are one lakh tax litigations pending in various ITATs across India. More than 50% of them are in ITATs of Mumbai, Delhi and Ahmedabad.
