Monetary limits on tax appeals by tax authorities clarify non acquiescence and permit appeals in other years.

Section 29 authorises the Board to fix monetary limits by order, instruction or direction to regulate filing of appeals by tax authorities; non filing under those limits does not preclude later appeals in other years or against other assessees, does not amount to acquiescence by the tax authority, and the Appellate Tribunal must have regard to those limits and surrounding circumstances when hearing appeals.

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