Following is the link of an interview of Mr. Dinesh Vyas and Mr. Arvind Datar.

Mr. Datar is hopeful that, almost 30-40 percent of the litigation will get reduced in view of the following measures taken by CBDT / Govt.

On February 16, 2016, CBDT has issued a press release as follows

CBDT resolves disputes to the tune of Rs 5000 crore under Mutual Agreement Procedure (MAP) of Tax Treaties

Since 1st April, 2014 till date, the Central Board of Direct Taxes (CBDT) has resolved 180 cases through a Mutual Agreement Procedure (MAP). The total amount of income locked- up in dispute in these cases is approximately Rs. 5,000 crore. The resolved cases pertain to various sectors of the economy like software services, IT enabled services, manufacturing and consultancy services, etc. The countries with which cases have been resolved are USA, Japan, United Kingdom and China.
Nov 2014 – Collegium of Chief Commissioners Of Income Tax to approve filing of appeals

Dec 2015 – Extend collegium system to also consider withdrawal of appeals from High Courts if they are no longer considered prosecutable

Dec 2015 – Enhanced the monetary limit for filing appeals to various judicial forums. Also the circular is re-trospective in effect. thus it will facilitate withdrawal of old appeals.
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, in a major decision dated 28th January 2015, has decided to accept the order of the Bombay High Court in the case of Vodafone India dated 10.10.2014. This is a major correction of a tax matter which has adversely affected investor sentiment.’

Recently, 30 members have been added to ITAT which will expedite the disposal of cases.