
Litigation
Tax litigation in the Indian market involves legal disputes between taxpayers and the Income Tax Department concerning tax assessments, demands, and penalties. These disputes often arise from disagreements over tax liabilities, deductions, exemptions, and interpretations of tax laws under the Income Tax Act, 1961. The litigation process typically progresses through various stages, including assessments, appeals, and, if necessary, proceedings before the Income Tax Appellate Tribunal (ITAT), High Courts, and the Supreme Court.