“Reaching out to key litigants and our counterparts where we are in litigation is the key strategy for us, so that they can pay up 50% and withdraw,” said an official.
This means cases where the department had challenged orders in the tax tribunal or High Courts against an assessee will be considered for possible settlement. “We’re using a strategy to identify the cases where the interest component is high and persuade the assessees to settle,” an I-T department official from Chennai said.Corporates and public sector units have also been approached by the tax authorities.