CBDT vide Instruction No 5/2014 dated 10/07/2014 has upwardly revised the monetary limits for filing of appeals by the Department before Income Tax Appellate Tribunal, High Courts and Supreme Court, with a view to reducing litigation.
Henceforth appeals shall not be filed in cases where the tax effect does not exceed the monetary limits given here under: -
You can donload the complete instruction from the link given below:
Click Here To Download The Instruction
Henceforth appeals shall not be filed in cases where the tax effect does not exceed the monetary limits given here under: -
| Appeals in Income-tax matters | Monetary Limit (in Rs) |
| Before Appellate Tribunal | 4,00,000 |
| U/s 260 A before High Court | 10,00,000 |
| Before Supreme Court | 25,00,000 |
You can donload the complete instruction from the link given below:
Click Here To Download The Instruction
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