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Decide 1.49 lakh tax demand cases by March: CBDT to IT dept

<p>In yet another move to ease refunds, CBDT has directed Income Tax department to take "urgent" steps and resolve by next month tax demand disputes worth over Rs 16,000 crore of more than 1.49 lakh taxpayers</p>

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New Delhi: In yet another move to ease refunds, CBDT has directed Income Tax department to take "urgent" steps and resolve by next month tax demand disputes worth over Rs 16,000 crore of more than 1.49 lakh taxpayers.

The directions pertain to notices issued by the taxman to a number of assesses under section 245 of the IT Act for 2015-16 fiscal where the latter has contested the demand raised and have emailed their response to the CPC.

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